The simple analytics of optimal growth with illegal migrants

Hazari, Bharat R. and Sgro, Pasquale M. 2003, The simple analytics of optimal growth with illegal migrants, Journal of economic dynamics and control, vol. 28, no. 1, pp. 141-151.

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Title The simple analytics of optimal growth with illegal migrants
Author(s) Hazari, Bharat R.
Sgro, Pasquale M.
Journal name Journal of economic dynamics and control
Volume number 28
Issue number 1
Start page 141
End page 151
Publisher Elsevier
Place of publication Amsterdam, The Netherlands
Publication date 2003-10
ISSN 0165-1889
Keyword(s) illegal migrants
domestic consumption
growth
Summary This paper analyses the impact of illegal migration on the optimal path of domestic (resident) consumption. The analysis draws two important conclusions. First, if illegal migrants and domestic labour are perfect substitutes, illegal migration necessarily lowers the long-run per capita consumption of domestic residents. Second, if illegal migrants and domestic labour are imperfect substitutes, the effect on the long-run per capita domestic consumption is ambiguous, however, in the Cobb–Douglas case, the result is clear cut and per capita domestic consumption rises as a result of illegal migration.
Notes Available online 22 October 2002.
Language eng
Field of Research 140202 Economic Development and Growth
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2002, Elsevier Science B.V.
Persistent URL http://hdl.handle.net/10536/DRO/DU:30001951

Document type: Journal Article
Collections: Deakin Graduate School of Business
Higher Education Research Group
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