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Economies
Special Issues
Long-Run Economic Impacts of International Migration
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Long-Run Economic Impacts of International Migration

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: closed (31 May 2016) | Viewed by 57297

Special Issue Editor

Prof. Dr. Jacques Poot

E-Mail Website
Guest Editor
National Institute of Demographic and Economic Analysis (NIDEA), University of Waikato, Private Bag 3105, Hamilton 3240, New Zealand

Special Issue Information

Dear Colleagues,

Persistent differences between countries in the standard of living, intensifying global economic integration and declining costs of travel and communication have all been contributing to growing international migration in recent decades. A large literature has emerged on the socio-economic consequences of this trend for migrant-sending and migrant-receiving countries. Much of this literature focuses on short-term economic impacts, such as on labor and housing markets, international trade flows, remittances, public services and taxation. A stronger focus on longer term economic impacts is therefore now desirable. Economies invites papers that provide new insights into such long-run economic impacts of international migration. These can take a host country, a sending country, or a global perspective. Authors of the Special Issue are invited to address one of a range of potential research questions. These would include the effects of international migration on:

  • Long-run global demographic trends (population size, composition and distribution)
  • Long-run economic growth and wellbeing
  • Human capital accumulation
  • Research and development (R&D), innovation, technological change and total factor productivity growth
  • Economies of scale, agglomeration and the spatial distribution of economic activity
  • Business investment and entrepreneurship
  • Public and private infrastructure
  • International economic relations and diaspora networks
  • Private and public savings, and intergenerational transfers
  • Economic restructuring and transformation
  • International convergence or divergence
  • Cultural diversity, social capital and social cohesion
  • Natural resources and the environment

Prof. Dr. Jacques Poot
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Published Papers (6 papers)

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Research

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756 KiB  
Article
Nonlinear Effects of Remittances on Per Capita GDP Growth in Bangladesh
by Gazi Mainul Hassan and Shamim Shakur
Economies 2017, 5(3), 25; https://doi.org/10.3390/economies5030025 - 17 Jul 2017
Cited by 20 | Viewed by 11302
Abstract
This paper examines the impact of inward remittances flows on per capita gross domestic product (GDP) growth in Bangladesh during 1976–2012. We find that the growth effect of remittances is negative at first but becomes positive at a later stage, evidence of a [...] Read more.
This paper examines the impact of inward remittances flows on per capita gross domestic product (GDP) growth in Bangladesh during 1976–2012. We find that the growth effect of remittances is negative at first but becomes positive at a later stage, evidence of a non-linear relationship. Unproductive use of remittances was rampant in the beginning when they were received by migrant families, but better social and economic investments led to more productive utilization of remittances receipts at later periods. This suggests a U-shaped relationship between remittances and per capita GDP growth. Unlike what is suggested in the literature, that the effect of remittances is more pronounced in a less financially developed economy, our evidence does not show that the effect of remittances on per capita GDP growth in Bangladesh is conditional on the level of financial development. Full article
(This article belongs to the Special Issue Long-Run Economic Impacts of International Migration)
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1075 KiB  
Article
Remittances, Development Level, and Long-Run Economic Growth
by Kristina Matuzeviciute and Mindaugas Butkus
Economies 2016, 4(4), 28; https://doi.org/10.3390/economies4040028 - 01 Dec 2016
Cited by 27 | Viewed by 12046
Abstract
This paper seeks to enrich the field of research on the topic of the impact of remittances on long-run economic growth. Using an unbalanced panel data covering a sample of 116 countries with different development levels over the period 1990–2014, we studied the [...] Read more.
This paper seeks to enrich the field of research on the topic of the impact of remittances on long-run economic growth. Using an unbalanced panel data covering a sample of 116 countries with different development levels over the period 1990–2014, we studied the interaction between remittances and the level of economic development, as well as its impact on long-run economic growth—because the impact of remittances could be influenced by the development level of the receiving countries. In parallel, we explored the hypothesis about diminishing a country’s capacity to use remittances for promoting long-run economic growth as the abundance of remittances increases. To control the endogeneity while estimating the impact of remittances on long-run economic growth, we used OLS (ordinary least squares) with FD (first differences) transformation and FE (fixed effects) approaches and other controls of long-run growth. Our results showed that in general remittances have a positive impact on long-run economic growth, but the impact differs based on the country’s economic development level and the abundance of remittances in the economy. Full article
(This article belongs to the Special Issue Long-Run Economic Impacts of International Migration)
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812 KiB  
Article
The Impact of Possible Migration Scenarios after ‘Brexit’ on the State Pension System
by Angus Armstrong and Justin Van de Ven
Economies 2016, 4(4), 23; https://doi.org/10.3390/economies4040023 - 25 Oct 2016
Cited by 5 | Viewed by 7226
Abstract
The purpose of this paper is to explore the impacts of changes in migration flows—in particular, those resulting from possible migration policy changes after a UK exit (‘Brexit’) from the European Union (EU)—on the finances of the UK state pension system. We find [...] Read more.
The purpose of this paper is to explore the impacts of changes in migration flows—in particular, those resulting from possible migration policy changes after a UK exit (‘Brexit’) from the European Union (EU)—on the finances of the UK state pension system. We find that the aggregate effects of considered shocks to immigration associated with Brexit on the funding of UK state pensions are dwarfed by associated uncertainties, and by coincident cost increases due to population aging and (domestic) pension’s policy. Full article
(This article belongs to the Special Issue Long-Run Economic Impacts of International Migration)
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439 KiB  
Article
Why Migrate: For Study or for Work?
by Elise S. Brezis
Economies 2016, 4(3), 17; https://doi.org/10.3390/economies4030017 - 17 Aug 2016
Cited by 4 | Viewed by 7192
Abstract
Over the past decades, globalization has led to a huge increase in the migration of workers, as well as students. This paper develops a simple two-step model that describes the decisions of an individual vis-à-vis education and migration, and presents a unified model, [...] Read more.
Over the past decades, globalization has led to a huge increase in the migration of workers, as well as students. This paper develops a simple two-step model that describes the decisions of an individual vis-à-vis education and migration, and presents a unified model, wherein the two migration decisions are combined into a single, unique model. This paper shows that under the plausible assumption that costs of migration differ over the human life cycle, the usual brain drain strategy is sub-optimal. With an increase in globalization, the brain drain strategy will be replaced by the strategy of migration of students. Full article
(This article belongs to the Special Issue Long-Run Economic Impacts of International Migration)
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2317 KiB  
Article
The Formation of Immigrant Networks in the Short and the Long Run
by Gil S. Epstein and Odelia Heizler-Cohen
Economies 2016, 4(3), 15; https://doi.org/10.3390/economies4030015 - 30 Jul 2016
Cited by 1 | Viewed by 5620
Abstract
In this paper, we present a formal framework of possible network formations among immigrants. After arriving in the new country, one of the new immigrant’s important decisions is with whom to maintain a link in the foreign country. We find that the behavior [...] Read more.
In this paper, we present a formal framework of possible network formations among immigrants. After arriving in the new country, one of the new immigrant’s important decisions is with whom to maintain a link in the foreign country. We find that the behavior of the first two immigrants affects all those who come after them. We also find that in the long run, under specific conditions, the first immigrant will become the leader of the immigrant society. Over time, as the stock of immigrants in the host country increases, the investment in the link with the leader will increase as well. Full article
(This article belongs to the Special Issue Long-Run Economic Impacts of International Migration)
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Review

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389 KiB  
Review
A Brief Overview of International Migration Motives and Impacts, with Specific Reference to FDI
by Masood Gheasi and Peter Nijkamp
Economies 2017, 5(3), 31; https://doi.org/10.3390/economies5030031 - 21 Aug 2017
Cited by 42 | Viewed by 13223
Abstract
International migration has become one of the most debated topics in many developed and developing countries. Host countries are concerned about the socioeconomic consequences of international migration, while sending countries—from a developing country’s perspective—are concerned about the brain drain and loss of their [...] Read more.
International migration has become one of the most debated topics in many developed and developing countries. Host countries are concerned about the socioeconomic consequences of international migration, while sending countries—from a developing country’s perspective—are concerned about the brain drain and loss of their younger population. This paper presents a concise literature review on existing theories of international migration, and long-run effects of international migration on Foreign Direct Investment (FDI). The empirical studies reviewed in this paper indicate a positive and statistically significant relationship between international migration and FDI. Full article
(This article belongs to the Special Issue Long-Run Economic Impacts of International Migration)
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