Please use this identifier to cite or link to this item:
|Title:||Economic growth and foreign workers in ASEAN and singapore|
|Citation:||Thangavelu, S.M. (2012-10). Economic growth and foreign workers in ASEAN and singapore. Asian Economic Papers 11 (3) : 114-136. ScholarBank@NUS Repository. https://doi.org/10.1162/ASEP-a-00173|
|Abstract:||This paper studies the trends of foreign immigrants in Asia and their effect on the growth of the Singapore economy. The paper also discusses the key labor market trends and the rationale for foreign workers in a small open economy like Singapore. Further, the paper highlights key simulations of the impact of foreign immigrants on output growth and wage gap for the Singapore economy by using Thangavelu's (2011) dynamic general equilibrium model. The study accounts for the flow of skilled and unskilled foreign workers on (a) steady-state growth; (b) the wage gap between the skilled and unskilled workers; and (c) innovation capabilities of the domestic economy. Further, the model also accounts for the contribution of immigrants on the welfare of the domestic economy through the immigration surplus that will accrue to the domestic economy. © 2012 The Earth Institute at Columbia University and the Massachusetts Institute of Technology.|
|Source Title:||Asian Economic Papers|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Jan 12, 2019
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.