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MIGRATION FLOWS, STRUCTURAL CHANGE AND GROWTH CONVERGENCE: A PANEL DATA ANALYSIS OF THE ITALIAN REGIONS *
Author(s) -
CAPASSO SALVATORE,
CARILLO MARIA ROSARIO,
DE SIANO RITA
Publication year - 2012
Publication title -
the manchester school
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.361
H-Index - 42
eISSN - 1467-9957
pISSN - 1463-6786
DOI - 10.1111/j.1467-9957.2012.02313.x
Subject(s) - economics , convergence (economics) , panel data , productivity , structural change , economic geography , total factor productivity , wage , wage growth , human capital , econometrics , measure (data warehouse) , macroeconomics , labour economics , economic growth , database , computer science
The aim of this paper is to measure the impact of migration flows on growth via their effect on structural change. To this extent we build an empirical growth model in which migration flows and intersectoral wage differentials can affect the speed of labour readjustment between sectors and, ultimately, total factor productivity and growth. By employing Italian regional data stemming over more than four decades we measure the effects of interregional migration on regional growth and convergence. The results confirm that migration in general, and in particular the content of human capital of moving workers, is a relevant factor in determining the speed of technological change and growth.