Migration between imperfectly competitive economies

We study the role of bargaining as a barrier to migration in the equilibrium of a two‐region world with imperfectly competitive labour markets. Equilibrium migration is jointly determined by relative labour market bargaining powers, productivity and costs of migration. If migrants complement host fa...

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Bibliographic Details
Published in:International migration 2024-02, Vol.62 (1), p.319-342
Main Authors: Sheen, Jeffrey, Xu, Hao
Format: Article
Language:English
Subjects:
Bargaining
Equilibrium
Labor market
Labor migration
Labor productivity
Migrant workers
Migrants
Migration
Productivity
Regions
Welfare
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Summary:We study the role of bargaining as a barrier to migration in the equilibrium of a two‐region world with imperfectly competitive labour markets. Equilibrium migration is jointly determined by relative labour market bargaining powers, productivity and costs of migration. If migrants complement host factors, higher migration generally benefits both source and host economies. An enhancement of the bargaining power of typically weak migrant workers in host regions improves welfare.
ISSN:0020-7985
1468-2435
DOI:10.1111/imig.13228