Munich Personal RePEc Archive

Migration and Growth in a Schumpeterian Growth Model with Creative Destruction

Parello, Carmelo Pierpaolo (2021): Migration and Growth in a Schumpeterian Growth Model with Creative Destruction.

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Abstract

This paper incorporates endogenous migration into a second-generation Schumpeterian growth model to study how migration, innovation and growth interact one another. I find that migration always enhances the rates of innovation and growth of the receiving economy, but also that the other way round is not true when the gap in technical knowledge between country is fixed over time. However, when the technology gap is allowed to adjusts endogenously, I find that implementing pro-innovation policies in the receiving economy shrinks immigration flows and reduces the across-country technology.

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