Espinosa, Alexandra M. (2006): Dynamics, Welfare and Migration in Open Economies.
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In this work we analyze the importance of dynamics in the determination of the distribution of gains from free trade and migration. Given a transition dynamic, free trade might worsen a country relatively to autarchy. Moreover, some individuals might lose welfare during the transition dynamics. In both case, individuals find incentives to migrating, given the lost in the welfare relatively to the autarchy; given the lost in welfare relatively to another country; or, given the intertemporal lost in welfare. Then, inequalities in the distribution of the benefits from free trade matters. Finally, we find out that population size and specialization in production matters in the determination of the distribution of gains from free trade and migration.
|Item Type:||MPRA Paper|
|Institution:||Public University of Navarre|
|Original Title:||Dynamics, Welfare and Migration in Open Economies|
|Keywords:||Migration; free trade; welfare; transition dynamics|
|Subjects:||J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies > J61 - Geographic Labor Mobility; Immigrant Workers
J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies
|Depositing User:||Alexandra M. Espinosa|
|Date Deposited:||08. Jan 2007|
|Last Modified:||21. Feb 2013 17:39|
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