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Migration and Growth in a Schumpeterian Growth Model with Creative Destruction

Carmelo Parello

MPRA Paper from University Library of Munich, Germany

Abstract: This paper incorporates endogenous migration into a second-generation Schumpeterian growth model to study how migration, innovation and growth interact one another. I find that migration always enhances the rates of innovation and growth of the receiving economy, but also that the other way round is not true when the gap in technical knowledge between country is fixed over time. However, when the technology gap is allowed to adjusts endogenously, I find that implementing pro-innovation policies in the receiving economy shrinks immigration flows and reduces the across-country technology.

Keywords: R&D-based Growth; Labor Migration; R&D policy; Technology Transfer (search for similar items in EconPapers)
JEL-codes: J61 O3 O4 (search for similar items in EconPapers)
Date: 2021-06-09
New Economics Papers: this item is included in nep-gro, nep-ino, nep-lab, nep-mig, nep-sbm, nep-tid and nep-ure
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Journal Article: Migration and growth in a Schumpeterian growth model with creative destruction (2022) Downloads
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