Tradable immigration quotas revisited

• 成果类型: Article
• 署名作者: Hagen, Martin
• 署名单位: CUNEF Universidad
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2022.104619
• 发表日期: 2022
• 关键词: immigration; ASYLUM; Tradable quotas; Cap and trade; matching; externalities

摘要

This paper revisits the theory behind tradable immigration quotas, which have been proposed to raise South-North migration and, specifically, refugee resettlement. We qualify previous research by showing that tradable immigration quotas are generally not utilitarian efficient for host countries. The reason is that global migration entails more complex externalities than other public-good problems, such as environmental protection, where market-based instruments are common. The inefficiency is exacerbated when migrants are matched to countries. Despite these caveats, we offer new results in favor of tradable immigration quotas plus matching. (C) 2022 Elsevier B.V. All rights reserved.