Inter-provincial Migration of Income Among Canada's Older Population: 1996-2001
Bruce Newbold
Social and Economic Dimensions of an Aging Population Research Papers from McMaster University
Abstract:
Much of the literature on internal migration in Canada has focused on the determinants of migration, as opposed to the impacts. Yet, it is likely that migration has a large impact upon the distribution and re-distribution of income across regions. Such impacts may be magnified within the older population, as their relocation involves the transfer of savings such as pensions, retirement investments, or other income supplements from province to province. Using methods proposed by Plane (1999), income-based versions of demographic effectiveness and efficiency are applied to evaluate the movement of non-earned income in the Canadian context among Canada's older population. The analysis uses data drawn from the 2001 Census, and focuses upon the older population (aged 60+ in 2001), distinguishing between three types of income, including (i) Old Age Security and Guaranteed Income Supplements; (ii) Canada/Quebec pension plan benefits; and (iii) Retirement Investment income. In addition to evaluating the magnitude of income redistribution, the impact of primary, return, and onward migration on regional income distributions is also evaluated, illustrating the importance of return migration in transferring incomes over space.
Keywords: Canada; migration; pension (search for similar items in EconPapers)
JEL-codes: J11 J14 O15 R23 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2006-02
New Economics Papers: this item is included in nep-geo
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Persistent link: https://EconPapers.repec.org/RePEc:mcm:sedapp:148
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