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M G Quibria

Publications and source records attributed to M G Quibria.

6 recordsLinked to original sources

International migration, increasing returns, and real wages.

"The present paper makes an exploratory attempt to investigate the impact of emigration on real wages in the presence of increasing returns to scale in production. The problem has been posed in the context of a 2 x 2 model of international trade, where one of the commodities is a non-traded good and is subject to a type of increasing returns to scale that are external to the firm but internal to the industry. Analysis indicates that, in this instance, international emigration unambiguously increases real wages in the source country. This result, which seems to be at odds with the general presumption in this area, is quite robust to variations in the underlying assumptions behind the analysis." (SUMMARY IN FRE)

Demography↗

International migration and real wages: is there any neo-classical ambiguity?

"Recent research has shown that while labor emigration increases the nominal wage rate, the impact on the real wage rate remains quite ambiguous. The present paper reexamines the issue under the standard two-factor, two-commodity international trade model normally employed for this purpose. The principal finding of this paper is that once the problem is correctly formulated and analyzed, introducing utility-maximizing consumers, no such ambiguity exists. Indeed, labor emigration always leads to an increase in the welfare (real wage) of labor in the source country."

Demography↗

A note on international migration, non-traded goods and economic welfare in the source country.

"This note extends the work of Rivera-Batiz to the case where capital is collectively owned and the decision to emigrate entails both a withdrawal of labor services from the source-country and the surrender of the ownership of capital. In this framework, which seems to have wide real-world relevance for socialist, labor-managed and peasant economies, it is found that emigration helps increase the welfare of the non-migrant. This result, which seems quite robust to its specifications, is exactly the opposite of that of Rivera-Batiz and points to the need for great caution in drawing policy conclusions with regard to issues pertaining to emigration."

Demography↗

On generalizing the economic analysis of international migration: a note.

The author critically examines an article by Kar-Yui Wong concerning "two important, well-known propositions on international factor movements--namely, first, finite international factor movements are beneficial to the nationals of the destination-country but detrimental to those who are left behind in the source-country; and second, marginal movements do not have such welfare implications.... The present paper, by utilizing the indirect trade utility function, derives...results in a manner that is both direct and at once intuitively transparent."

Demography↗