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

journal contribution
posted on 2023-06-07, 20:20 authored by Terrie L Walmsley, L. Alan WintersL. Alan Winters
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.

History

Publication status

  • Published

Journal

Journal of Economic Integration

ISSN

1225-651X

Issue

4

Volume

20

Page range

688-726

Pages

39.0

Department affiliated with

  • Economics Publications

Notes

No DOI

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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