Welfare Effects of International Trade and Migration in the Context of Endogenous Unemployment

Author

Hian Teck HOON, Singapore Management UniversityFollow

Publication Type

Book Chapter

Publication Date

1995

Abstract

The standard propositions of welfare gains from international trade and labour migration in the context of full employment models are well understood. Yet one of the central issues that affects countries, whether the host of source countries, is surely how a huge international movement of workers will affect the rate of unemployment in individual countries. In this paper, we adopt the simple one factor model of David Ricardo where labour is assumed to be the only factor of production.

Discipline

Economics | Labor Economics

Research Areas

Applied Microeconomics

Publication

Crossing Borders: Transmigration in Asia Pacific

Editor

Ong Jin Hui, Chan Kwok B., & Chew Woon Beng

First Page

83

Last Page

100

ISBN

9780131775282

Publisher

Prentice Hall

City or Country

Singapore

Citation

HOON, Hian Teck. Welfare Effects of International Trade and Migration in the Context of Endogenous Unemployment. (1995). Crossing Borders: Transmigration in Asia Pacific. 83-100.
Available at: https://ink.library.smu.edu.sg/soe_research/558

Additional URL

https://worldcat.org/isbn/9780131775282