Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/250509 
Year of Publication: 
2021
Series/Report no.: 
IZA Discussion Papers No. 14848
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
How many immigrants with less than university education, for a given immigration quota, maximise economic output? The answer is zero in the canonical model of the labour market, where the marginal product of a university-educated immigrant is always higher. We build an alternative model in which national production occurs through a set of Leontief producation functions that shift over time with technological change. This model is used to estimate that the Australian economy growing at historical rates through the year 2050 will demand approximately two million migrant TVET workers, many of which could be supplied from the Pacific Islands.
Subjects: 
immigration
labor
low skill
TVET
training
human capital
growth
JEL: 
F22
J11
J24
Document Type: 
Working Paper

Files in This Item:
File
Size
2.58 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.