Relaxing the restrictions on the temporary movement of natural persons: a simulation analysis

Walmsley, Terrie L and Winters, L. Alan (2005) Relaxing the restrictions on the temporary movement of natural persons: a simulation analysis. Journal of Economic Integration, 20 (4). pp. 688-726. ISSN 1225-651X

Full text not available from this repository.

Abstract

While the liberalisation of trade has been at the forefront of the global agenda for many decades, the movement of natural persons remains heavily guarded. Nevertheless restrictions on the movement of natural persons across regions impose a cost on developing and developed economies that far exceeds that of trade restrictions on goods. This paper uses a global CGE model to investigate the extent of these costs, by examining the effects of an increase in developed countries¿ quotas on both skilled and unskilled temporary labour equivalent to 3% of their labour forces. The results confirm that restrictions on the movement of natural persons impose significant costs on nearly all countries (over $150 billion in all), and that those on unskilled labour are more burdensome than those on skilled labour.

Item Type: Article
Additional Information: No DOI
Schools and Departments: School of Business, Management and Economics > Economics
Depositing User: L.Alan Winters
Date Deposited: 06 Feb 2012 18:30
Last Modified: 27 Mar 2012 09:46
URI: http://sro.sussex.ac.uk/id/eprint/16839
📧 Request an update