Affiliation:
1. Department of Economics and Law, Sapienza University of Rome , Via del Castro Laurenziano, 9 , 000161 Rome, Italy
Abstract
Abstract
This paper incorporates endogenous migration into a second-generation Schumpeterian growth model to study how migration, innovation, and growth interact with one another. The paper finds that migration always enhances the rates of innovation and growth of the receiving economy, but implementing pro-innovation policies in the receiving economy does not lead to more migration when the gap in technical knowledge between countries is fixed over time. However, when the technology gap is allowed to adjust endogenously, the paper finds that implementing pro-innovation policies in the receiving economy shrinks immigration flows and reduces the cross-country gap of technology.
Funder
Sapienza University of Rome
Progetto di ricerca di Università
Publisher
Oxford University Press (OUP)
Subject
Economics and Econometrics
Cited by
4 articles.
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