Implications of Migrationon Income and Welfare of Nationals

Author/Editor:

Kenichi Ueda

Publication Date:

December 1, 2002

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

As labor has become more mobile in today's world, it is important to understand the income and welfare of nationals regardless of their residence. This paper develops two key concepts, gross migration-corrected product (GMP) and welfare cost of migration, and calculates them using New Zealand data. Growth performance measured by New Zealanders' income has been clearly better than suggested by the GDP. The welfare cost associated with a marginal change in the tax rate appears quite high.

Series:

Working Paper No. 2002/215

Subject:

English

Publication Date:

December 1, 2002

ISBN/ISSN:

9781451875058/1018-5941

Stock No:

WPIEA2152002

Pages:

31

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