The University of Southampton
University of Southampton Institutional Repository

Productivity differences and the dynamic effects of labor movements

Klein, Paul and Ventura, Gustavo (2009) Productivity differences and the dynamic effects of labor movements Journal of Monetary Economics, 56, (8), pp. 1059-1073. (doi:10.1016/j.jmoneco.2009.10.011).

Record type: Article

Abstract

Barriers to labor mobility across countries coexist with substantial differences in living standards largely attributable to productivity differences. A growth model with endogenous labor movements is used to assess the effects on output, capital accumulation and welfare of removing barriers to labor mobility. The model is parameterized so that it is consistent with evidence on historical labor movements, and is applied to two cases: the enlargement of the European Union and the (hypothetical) creation of a common labor market in the North America. The main finding is that there are large resulting gains in terms of output and welfare.

Full text not available from this repository.

More information

Published date: November 2009
Keywords: tfp, cross-country income differences, labor mobility, capital mobility
Organisations: Economics

Identifiers

Local EPrints ID: 174065
URI: http://eprints.soton.ac.uk/id/eprint/174065
ISSN: 0304-3932
PURE UUID: fc524c69-0e7e-4b8d-8435-dfaac0040ba7

Catalogue record

Date deposited: 10 Feb 2011 11:10
Last modified: 18 Jul 2017 12:12

Export record

Altmetrics

Contributors

Author: Paul Klein
Author: Gustavo Ventura

University divisions

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×