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Economic theory and international migration.

G J Borjas

    The International Migration Review
    |October 1, 1989
    PubMed
    Summary

    This review explores the economics of immigration, examining immigrant flows, adaptation, and economic impacts. An economic framework reveals key insights into migration drivers and market dynamics.

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    Area of Science:

    • Economics
    • Sociology

    Background:

    • The economics of immigration literature addresses key questions regarding immigrant flows, adaptation, and economic effects.
    • Understanding these dynamics is crucial for host countries managing labor markets and social integration.

    Purpose of the Study:

    • To review the theoretical frameworks and empirical evidence on the economics of immigration.
    • To analyze the determinants of immigrant flows, immigrant economic adaptation, and their impact on host economies.

    Main Methods:

    • Literature review of economic theories and empirical studies on immigration.
    • Analysis of the economic approach, assuming migration is driven by economic opportunities within an immigration market.

    Main Results:

    • The economic approach provides substantial insights into the size, skill composition, and adaptation of immigrants.
    Keywords:
    BehaviorCost Benefit AnalysisDemographic FactorsDemographyDestinationEconomic ConditionsEconomic FactorsEconomic ModelEvaluationInternational MigrationMacroeconomic FactorsMigrantsMigrationModels, TheoreticalOriginPopulationPopulation CharacteristicsPopulation DynamicsPopulation TheoryQuantitative EvaluationResearch MethodologySocial AdjustmentSocial BehaviorSocial Sciences

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  • Evidence suggests that immigrant flows and their economic integration are significantly influenced by economic incentives and market structures.

    • Conclusions:

    • The economic perspective offers a robust framework for understanding the multifaceted aspects of immigration.
    • Further research can build upon this framework to inform immigration policy and economic development strategies.