Aging, Trade and Migration

Richard Chisik, Harun Onder and Dhimitri Qirjo ()

No 58, Working Papers from Toronto Metropolitan University, Department of Economics

Abstract: We consider the role of demand driven changes arising from population aging and how they affect the pattern of international trade as well as immigration and trade 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 towards younger immigrants. A unilateral tariff increase can also reduce firm delocation from aging country, however, a reciprocated tariff increase will unambiguously harm the country with the older average population.

Keywords: Demographic Transition; Consumption; Trade Policy; Immigration Policy. (search for similar items in EconPapers)
JEL-codes: F12 F22 J14 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2015-10
New Economics Papers: this item is included in nep-age, nep-int and nep-mig
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Working Paper: Aging, trade, and migration (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:rye:wpaper:wp058

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