Migration and growth in a Schumpeterian growth model with creative destruction
将内生移民引入第二代熊彼特增长模型,研究移民、创新与增长的互动。发现移民提升接收国的创新和增长率,但固定技术差距下创新政策不增加移民;当技术差距内生调整时,创新政策反而减少移民并缩小跨国技术差距。
Abstract This paper incorporates endogenous migration into a second-generation Schumpeterian growth model to study how migration, innovation, and growth interact with one another. The paper finds that migration always enhances the rates of innovation and growth of the receiving economy, but implementing pro-innovation policies in the receiving economy does not lead to more migration when the gap in technical knowledge between countries is fixed over time. However, when the technology gap is allowed to adjust endogenously, the paper finds that implementing pro-innovation policies in the receiving economy shrinks immigration flows and reduces the cross-country gap of technology.