Description
Labor Migration’s Economic Impact
- Using the Heckscher-Ohlin-Samuelson model, discuss how a surge in low-skilled migrant workers could influence wage gaps in high-income countries. Do real-world migration patterns align with these predictions?
- Piyapromdee (2020) suggests internal migration helps offset wage losses for native workers. Discuss how this finding challenges classical theories that treat labor as static.
- Discuss if nations should prioritize immigration restrictions to shield domestic wages or if long-term gains (e.g., productivity boosts, tax contributions) should support more open policies. Use economic theory and empirical evidence to justity your stance.
Directions:
- Discuss the concepts, principles, and theories from your textbook. Cite your textbooks and cite any other sources if appropriate.
- Your initial post should address all components of the question with a 500 word limit.
- (( PLEASE USE YOUR OWN WORDS AND WRITE THE REFERENCE))