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Migration, economic growth and convergence of per capita income across the Asia and the pacific economies

By: Bhattacharya, S., Roy, S. and Mandal, K.
Material type: materialTypeLabelBookPublisher: The Indian Journal of Economics Description: 101(2), Oct, 2020: p.257-269.Subject(s): Net migration, Asia and pacific, Growth rate, ß convergence In: The Indian Journal of EconomicsSummary: The paper attempts to explore the issue of net migration in the Asia and the Pacific regions during the time period 1991-2015. For the last twenty years the highest percentage of international migrants stock came from the Asia and Pacific regions. Therefore, net migration may have impact on the growth rates of such economies and accordingly on the impact of speed of income convergence across these regions. Here, we seek to analyze whether net migration has a significant impact on the growth performance of one of the growing Asian country like India. ARDL estimation has been carried out and estimation result shows that in long run net migration does not have any significant impact on India’s growth rate. The result of migration and convergence showed that after correcting the problem of autocorrelation migration does not influence significantly the growth of Asia and Pacific countries and the inclusion of net migration reduces the speed of convergence across these regions. – Reproduced
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Articles Articles Indian Institute of Public Administration
101(2), Oct, 2020: p.257-269 Available AR126704

The paper attempts to explore the issue of net migration in the Asia and the Pacific regions during the time period 1991-2015. For the last twenty years the highest percentage of international migrants stock came from the Asia and Pacific regions. Therefore, net migration may have impact on the growth rates of such economies and accordingly on the impact of speed of income convergence across these regions. Here, we seek to analyze whether net migration has a significant impact on the growth performance of one of the growing Asian country like India. ARDL estimation has been carried out and estimation result shows that in long run net migration does not have any significant impact on India’s growth rate. The result of migration and convergence showed that after correcting the problem of autocorrelation migration does not influence significantly the growth of Asia and Pacific countries and the inclusion of net migration reduces the speed of convergence across these regions. – Reproduced

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