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FACTOR MIGRATION AND INCOME DISTRIBUTION IN SOME DEVELOPING COUNTRIES
Author(s) -
Clark Don P.,
Thompson Henry
Publication year - 1990
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/j.1467-8586.1990.tb00296.x
Subject(s) - economics , developing country , distribution (mathematics) , labour economics , income distribution , capital (architecture) , capital intensity , factor shares , payment , investment (military) , factor price , factors of production , human capital , production (economics) , macroeconomics , economic growth , market economy , mathematical analysis , mathematics , archaeology , finance , politics , political science , law , inequality , history
A three factor, two sector general equilibrium model is used to determine long run income distributional impacts of factor supply changes associated with international migration in developing and newly industrializing countries. Factor intensity rankings among three factors (capital, skilled and unskilled labor) between two industries (agriculture and manufacturing‐services) play a critical role in determining which factors are natural friends with respect to migration. A result common to all countries is observed friendship between capital and unskilled labor: reducing (increasing) the supply of one will lower (raise) payments to the other.