Immigration and spatial equilibrium: the role of expenditures in the country of origin

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• dc.contributor.author Albert, Christoph
• dc.contributor.author Monràs, Joan
• dc.date.accessioned 2024-03-21T07:53:12Z
• dc.date.available 2024-03-21T07:53:12Z
• dc.date.issued 2022
• dc.description Supplemental material files: online appendix; replication file.
• dc.description.abstract We document that international migrants concentrate more in expensive cities—the more so, the lower the prices in their origin countries are—and consume less locally than comparable natives. We rationalize this empirical evidence by introducing a quantitative spatial equilibrium model, in which a part of immigrants' income goes toward consumption in their origin countries. Using counterfactual simulations, we show that, due to this novel consumption channel, immigrants move economic activity toward expensive, high-productivity locations. This leads to a more efficient spatial allocation of labor and, as a result, increases the aggregate output and welfare of natives.
• dc.description.sponsorship Monras thankfully acknowledges financial support from the Fundación Ramon Areces and from the Spanish Ministry of Science and Innovation, through the Severo Ochoa Program for Centres of Excellence in R&D (CEX2019-000915-S). This project received funding from the European Research Council under the European Union’s Horizon 2020 research and innovation program (grant agreement 716388).
• dc.format.mimetype application/pdf
• dc.identifier.citation Albert C, Monras J. Immigration and spatial equilibrium: the role of expenditures in the country of origin. Am Econ Rev. 2022 Nov;112(11):3763-802. DOI: 10.1257/aer.20211241
• dc.identifier.doi http://dx.doi.org/10.1257/aer.20211241
• dc.identifier.issn 0002-8282
• dc.identifier.uri http://hdl.handle.net/10230/59514
• dc.language.iso eng
• dc.publisher American Economic Association
• dc.relation.ispartof American economic review. 2022 Nov;112(11):3763-802
• dc.relation.projectID info:eu-repo/grantAgreement/EC/H2020/716388
• dc.relation.projectID info:eu-repo/grantAgreement/ES/2PE/CEX2019-000915-S
• dc.rights © American Economic Association. Can be found at https://www.aeaweb.org/articles?id=10.1257/aer.20211241
• dc.rights.accessRights info:eu-repo/semantics/openAccess
• dc.subject.other Immigrants
• dc.subject.other Cost i nivell de vida
• dc.title Immigration and spatial equilibrium: the role of expenditures in the country of origin
• dc.type info:eu-repo/semantics/article
• dc.type.version info:eu-repo/semantics/publishedVersion