Economics, Econometrics and Finance
3 years ago

Migration boosts innovation and growth, but can hinder technology exchange.

MPRA Paper
Migration and Growth in a Schumpeterian Growth Model with Creative Destruction
Carmelo Pierpaolo Parello

Paper Summary

The article explores how migration affects innovation and growth in economies. It shows that migration boosts innovation and growth in the receiving country. However, implementing pro-innovation policies in the receiving country can reduce immigration and impact technology exchange between countries.

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