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Temporary and permanent migration with and without an immobile factor.

C Karayalcin

    Journal of Development Economics
    |April 1, 1994
    PubMed
    Summary

    This study models temporary and permanent migration, finding temporary migration mirrors international lending. It overturns the idea that permanent migration empties sending countries, analyzing welfare effects.

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    Area of Science:

    • Economics
    • Demographics

    Background:

    • Existing literature suggests permanent migration can lead to the complete depopulation of sending countries under certain conditions.
    • Understanding the long-term effects of migration on both sending and receiving countries is crucial for economic and social policy.

    Purpose of the Study:

    • To develop and analyze two-country overlapping-generations models to investigate temporary and permanent migration.
    • To re-evaluate the long-run implications of permanent migration on population dynamics.
    • To assess the welfare consequences of different migration scenarios.

    Main Methods:

    • Development of two overlapping-generations models: one with an immobile factor and one without.
    • Comparative analysis of temporary and permanent migration within these models.
    Keywords:
    Demographic FactorsDestinationInternational MigrationMigrationModels, TheoreticalOriginPopulationPopulation DynamicsResearch MethodologyTemporary MigrationWorld

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  • Examination of the long-run population outcomes and welfare effects.

    • Main Results:

    • Temporary migration is economically equivalent to international lending and borrowing.
    • The established result that permanent migration leads to the complete migration of the sending country's population is challenged and overturned.
    • Analysis provides insights into the welfare effects for both sending and receiving countries.

    Conclusions:

    • Migration dynamics are complex and depend on factors like immobility of factors.
    • Permanent migration does not necessarily lead to the depopulation of sending countries.
    • The study offers a nuanced understanding of migration's economic and welfare impacts.