Productivity differences and the dynamic effects of labor movements

• 成果类型: Article
• 署名作者: Klein, Paul; Ventura, Gustavo
• 署名单位: University of Iowa; Western University (University of Western Ontario); Stockholm University
• 刊物名称: JOURNAL OF MONETARY ECONOMICS
• ISSN/ISSBN: 0304-3932
• DOI: 10.1016/j.jmoneco.2009.10.011
• 发表日期: 2009
• 页码: 1059-1073
• 关键词: tfp; Cross-country income differences; labor mobility; capital mobility

摘要

Barriers to labor mobility across countries coexist with substantial differences in living standards largely attributable to productivity differences. A growth model with endogenous labor movements is used to assess the effects on output, capital accumulation and welfare of removing barriers to labor mobility. The model is parameterized so that it is consistent with evidence on historical labor movements, and is applied to two cases: the enlargement of the European Union and the (hypothetical) creation of a common labor market in the North America. The main finding is that there are large resulting gains in terms Of Output and welfare. (C) 2009 Elsevier B.V. All rights reserved.