Senior Migration, Local Economic Development and Spatial Concentration

Marco Badilla-Maroto, Benjamin Faber, Antoine Levy and Mathilde Munoz

No 21069, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: We document that migration flows upon retirement are predominantly from richer, more urban to poorer, more rural regions. In theory, the local economic implications of senior in-migration are ambiguous, while empirically there is little existing evidence on whether attracting mobile seniors can be an effective tool to promote economic development among lagging regions. We combine a unique collection of microdata from France with a new empirical strategy to fill this gap. We find that senior inflows have significant positive effects on the local economy over the course of a decade, including increases in the working-age population, total employment, GDP, average incomes, fiscal revenues and housing construction. These effects are particularly pronounced among initially poorer regions. They are accompanied by an increase in the share of services in the local economy, driven by employment growth in health, food services and retail sectors. Combining these estimates with observed region-to-region net migration flows, we find that mobile seniors have become a significant force for reducing the concentration of employment and GDP across regions.

Keywords: Aging; Migration; Spatial distribution of economic activity (search for similar items in EconPapers)
JEL-codes: F15 J60 R23 (search for similar items in EconPapers)
Date: 2026-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP21069 (application/pdf)

Related works:
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:cpr:ceprdp:21069

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP21069

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().