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International Knowledge Flows And Technological Advance: The Role Of International Migration, Kacey N. Douglas
International Knowledge Flows And Technological Advance: The Role Of International Migration, Kacey N. Douglas
College of Business: Dissertations, Theses, and Student Research
Immigration is a major aspect of globalization. As the world becomes increasingly integrated, it becomes important to learn more about the effects of immigration on global economic growth. According to Robert Solow’s long run growth model, technological advance is the only form of economic growth sustainable in the long run. Those who contribute to technological advance – highly skilled labor – however, increasingly emigrate from lesser developed to more developed countries in a process known as brain drain. This process has been shown to lead to a permanent increase in income and growth in the host country relative to the …
Measuring Immigration’S Effects On Labor Demand: A Reexamination Of The Mariel Boatlift, Örn B. Bodvarsson, Hendrik F. Van Den Berg, Joshua J. Lewer
Measuring Immigration’S Effects On Labor Demand: A Reexamination Of The Mariel Boatlift, Örn B. Bodvarsson, Hendrik F. Van Den Berg, Joshua J. Lewer
Department of Economics: Faculty Publications
Why do immigration shocks tend to have benign effects on native wages? One reason is that immigrants as consumers contribute to the demand for their services. We model an economy where workers spend their wages on a locally produced good, then test it via a reexamination of the 1980 “Mariel Boatlift” using Wacziarg’s Channel Transmission methodology. Current Population Survey data on workers in 9 different retail labor markets and Survey of Buying Power data on retail spending by consumers in Miami and four comparison cities are used. We find strong evidence that the Mariel Boatlift augmented labor demand.