全球智库信息集成服务系统(G2TT): DP12213 Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP12213
	DP12213 Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement
	Luca David Opromolla; Fernando Parro; Alessandro Sforza; Lorenzo Caliendo
发表日期	2017-08-10
出版年	2017
语种	英语
摘要	The economic effects from labor market integration are crucially affected by the extent to which countries are open to trade. In this paper we build a multi-country dynamic general equilibrium model with trade in goods and labor mobility across countries to study and quantify the economic effects of trade and labor market integration. In our model trade is costly and features households of different skills and nationalities facing costly forward-looking relocation decisions. We use the EU Labour Force Survey to construct migration flows by skill and nationality across 17 countries for the period 2002-2007. We then exploit the timing variation of the 2004 EU enlargement to estimate the elasticity of migration flows to labor mobility costs, and to identify the change in labor mobility costs associated to the actual change in policy. We apply our model and use these estimates, as well as the observed changes in tariffs, to quantify the effects from the EU enlargement. We find that new member state countries are the largest winners from the EU enlargement, and in particular unskilled labor. We find smaller welfare gains for EU-15 countries. However, in the absence of changes to trade policy, the EU-15 would have been worse off after the enlargement. We study even further the interaction effects between trade and migration policies and the role of different mechanisms in shaping our results. Our results highlight the importance of trade for the quantification of the welfare and migration effects from labor market integration.
主题	International Macroeconomics and Finance ; International Trade and Regional Economics ; Labour Economics ; Macroeconomics and Growth ; Public Economics
URL	https://cepr.org/publications/dp12213
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/541024
推荐引用方式 GB/T 7714	Luca David Opromolla,Fernando Parro,Alessandro Sforza,et al. DP12213 Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement. 2017.