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Implications of Migration on Income and Welfare of Nationals

Author/Editor: Ueda, Kenichi
Authorized for Distribution: December 1, 2002
Electronic Access: Free Full Text (PDF file size is 974KB)
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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. 02/215
Subject(s): Income | Tax policy | Labor | Migration
Author's keyword(s): Welfare cost of migration | GMP | tax policy
 
English  
    Published:   December 1, 2002        
    ISBN/ISSN:   1934-7073   Format:   Paper
    Stock No:   WPIEA2152002   Pages:   31
    Price:   US$15.00
       
     
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