Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5099941 | Journal of Economic Dynamics and Control | 2006 | 7 Pages |
Abstract
This paper reexamines the welfare effects of illegal immigration studied by Hazari and Sgro [The simple analytics of optimal growth with illegal migrants. Journal of Economic Dynamics and Control 28(1) 141-151]. In contrast to their negative conclusion, we obtain ambiguous welfare prediction which is due to the presence of two opposing effects at work: a positive exploitation effect and a negative intertemporal effect. With Cobb-Douglas production technology, we show that per capita domestic consumption rises in the presence of illegal migration.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Control and Optimization
Authors
Hon Man Moy, Chong K. Yip,