International migration, economic policy and human capital accumulation. A simulation study

Hendrik P. van Dalen

doi:10.1016/0264-9993(93)90036-F

International migration, economic policy and human capital accumulation. A simulation study

Hendrik P. van Dalen^*

^*Corresponding author for this work

Research output: Contribution to journal/periodical › Article › Scientific › peer-review

Abstract

This paper examines the economic policy implications of international migration and human capital accumulation within a dynamic general equilibrium model. Each country produces by means of physical and human capital of two types (skilled and unskilled labour). Along optimal growth paths in a world of diverging population growth rates immigration can only be beneficial when the free ride effect (ie not paying for training costs) exceeds the capital dilution effect of an increase in population growth. Under quite general conditions the optimal immigration rate is zero.

Original language	English
Pages (from-to)	417-430
Number of pages	14
Journal	Economic Modelling
Volume	10
Issue number	4
DOIs	https://doi.org/10.1016/0264-9993(93)90036-F
Publication status	Published - Oct 1993
Externally published	Yes

Keywords

Growth theory
Human capital formation
International migration

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10.1016/0264-9993(93)90036-F

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title = "International migration, economic policy and human capital accumulation. A simulation study",

abstract = "This paper examines the economic policy implications of international migration and human capital accumulation within a dynamic general equilibrium model. Each country produces by means of physical and human capital of two types (skilled and unskilled labour). Along optimal growth paths in a world of diverging population growth rates immigration can only be beneficial when the free ride effect (ie not paying for training costs) exceeds the capital dilution effect of an increase in population growth. Under quite general conditions the optimal immigration rate is zero.",

keywords = "Growth theory, Human capital formation, International migration",

author = "{van Dalen}, {Hendrik P.}",

note = "Funding Information: Evert van Imhoff, Jo Ritzen and participants of the Institute for Economic Research-Seminara t the Erasmus University Rotterdam. Research was carried out with the financial support of the Netherlands Organization for Scientific Research (NWO), research grants 18.509 and 450-226-026. Copyright: Copyright 2014 Elsevier B.V., All rights reserved.",

year = "1993",

month = oct,

doi = "10.1016/0264-9993(93)90036-F",

language = "English",

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PY - 1993/10

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N2 - This paper examines the economic policy implications of international migration and human capital accumulation within a dynamic general equilibrium model. Each country produces by means of physical and human capital of two types (skilled and unskilled labour). Along optimal growth paths in a world of diverging population growth rates immigration can only be beneficial when the free ride effect (ie not paying for training costs) exceeds the capital dilution effect of an increase in population growth. Under quite general conditions the optimal immigration rate is zero.

AB - This paper examines the economic policy implications of international migration and human capital accumulation within a dynamic general equilibrium model. Each country produces by means of physical and human capital of two types (skilled and unskilled labour). Along optimal growth paths in a world of diverging population growth rates immigration can only be beneficial when the free ride effect (ie not paying for training costs) exceeds the capital dilution effect of an increase in population growth. Under quite general conditions the optimal immigration rate is zero.

KW - Growth theory

KW - Human capital formation

KW - International migration

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SN - 0264-9993

IS - 4

ER -

International migration, economic policy and human capital accumulation. A simulation study

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Keywords

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