Aging, trade, and migration

Richard Chisik, Harun Onder and Dhimitri Qirjo ()

No 7740, Policy Research Working Paper Series from The World Bank

Abstract: This study considers the role of demand-driven changes arising from population aging and howthey affect the pattern of international trade as well as trade and immigration policy. An aging society can see a welfare-reducing reduction in its share of manufacturing output and this reduction is magnified by a decrease in trade costs (an increase in globalization). Immigration can ameliorate this outcome if it is directed toward younger immigrants. A unilateral tariff increase can also reduce firm delocation from an aging country, however, a reciprocated tariff increase will unambiguously harm the country with the older average population.

Keywords: Trade and Multilateral Issues; Rules of Origin; International Trade and Trade Rules; Trade Policy (search for similar items in EconPapers)
Date: 2016-06-30
New Economics Papers: this item is included in nep-age, nep-ger, nep-int and nep-mig
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Related works:
Working Paper: Aging, Trade and Migration (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:7740

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