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Title

Tradable immigration quotas

Publication Year

2014

Author(s)
  • Fernandez-Huertas Moraga, Jesus
  • Rapoport, Hillel
Source
JOURNAL OF PUBLIC ECONOMICS Volume: 115 Pages: 94-108 Published: 2014
ISSN
0047-2727
Abstract

International migration is maybe the single most effective way to alleviate global poverty. When a given host country allows more immigrants in, this creates costs and benefits for that particular country as well as a positive externality for individuals and governments who care about world poverty. Host countries quite often restrict immigration due to its important social and political costs, however these costs are never measured and made comparable across countries. In this paper we first show theoretically that tradable immigration quotas (TIQs) can reveal countries' comparative advantages in hosting immigrants and - once coupled with a matching mechanism taking migrants' preferences over destinations and countries' preferences over migrants' types into account allow for exploiting them efficiently. We then discuss three potential applications: a market for the resettlement of international refugees, a market for the resettlement of migrants displaced by climate change, and the creation of an OECD poverty-reduction visa program adapted from the US green card lottery. (C) 2014 Elsevier B.V. All rights reserved.

Author Keyword(s)
  • Immigration
  • Immigration policy
  • Tradable quotas
  • Refugee resettlement
  • Climate change
  • International public goods
KeyWord(s) Plus
  • LOW-SKILLED IMMIGRATION
  • COLLEGE ADMISSIONS
  • SOURCE COUNTRIES
  • MIGRATION
  • ECONOMICS
  • SELECTION
  • MEXICO
  • EMIGRATION
  • STABILITY
  • MARRIAGE
ESI Discipline(s)
  • Economics & Business
Web of Science Category(ies)
  • Economics
Adress(es)

[Fernandez-Huertas Moraga, Jesus] FEDEA, Madrid 28001, Spain; [Fernandez-Huertas Moraga, Jesus] IAE CSIC Barcelona, Barcelona, Spain; [Rapoport, Hillel] Univ Paris 01, Paris Sch Econ, Ctr Econ Sorbonne, F-75013 Paris, France; [Rapoport, Hillel] Bar Ilan Univ, Ramat Gan, Israel

Reprint Adress

Moraga, JFH (reprint author), FEDEA, Jorge Juan 46, Madrid 28001, Spain.

Country(ies)
  • France
  • Israel
  • Spain
CNRS - Adress(es)
  • Centre d'économie de la Sorbonne, UMR8174
Accession Number
WOS:000338900800007
uid:/MDRZD117
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