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/periodicalArticleScientificpeer-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 languageEnglish
Pages (from-to)417-430
Number of pages14
JournalEconomic Modelling
Volume10
Issue number4
DOIs
Publication statusPublished - Oct 1993
Externally publishedYes

Keywords

  • Growth theory
  • Human capital formation
  • International migration

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