EconPapers    
Economics at your fingertips  
 

The Effect of Regulatory Harmonization on Cross‐Border Labor Migration: Evidence from the Accounting Profession

Matthew J. Bloomfield, Ulf Brüggemann, Hans B. Christensen and Christian Leuz

Journal of Accounting Research, 2017, vol. 55, issue 1, 35-78

Abstract: The paper examines whether international regulatory harmonization increases cross‐border labor migration. To study this question, we analyze European Union initiatives that harmonized accounting and auditing standards. Regulatory harmonization should reduce economic mobility barriers, essentially making it easier for accounting professionals to move across countries. Our research design compares the cross‐border migration of accounting professionals relative to tightly matched other professionals before and after regulatory harmonization. We find that international labor migration in the accounting profession increases significantly relative to other professions. We provide evidence that this effect is due to harmonization, rather than increases in the demand for accounting services during the implementation of the rule changes. The findings illustrate that diversity in rules constitutes an economic barrier to cross‐border labor mobility and, more specifically, that accounting harmonization can have a meaningful effect on cross‐border migration.

Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/1475-679X.12155

Related works:
Working Paper: The Effect of Regulatory Harmonization on Cross-border Labor Migration: Evidence from the Accounting Profession (2015) Downloads
Working Paper: The Effect of Regulatory Harmonization on Cross-border Labor Migration: Evidence from the Accounting Profession (2015) Downloads
Working Paper: The Effect of Regulatory Harmonization on Cross-border Labor Migration: Evidence from the Accounting Profession (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:joares:v:55:y:2017:i:1:p:35-78

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0021-8456

Access Statistics for this article

Journal of Accounting Research is currently edited by Philip G. Berger, Luzi Hail, Christian Leuz, Haresh Sapra, Douglas J. Skinner, Rodrigo Verdi and Regina Wittenberg Moerman

More articles in Journal of Accounting Research from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2019-04-11
Handle: RePEc:bla:joares:v:55:y:2017:i:1:p:35-78