Aging, Trade, and Migration

This study considers the role of demand-driven changes arising from population aging and how they affect the pattern of international trade as well as trade and immigration policy. An aging society can see a welfare-reducing reduction in its share...

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Main Authors: Chisik, Richard, Onder, Harun, Qirjo, Dhimitri
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
WAR
Online Access:http://documents.worldbank.org/curated/en/2016/06/26543429/aging-trade-migration
http://hdl.handle.net/10986/24657
id okr-10986-24657
recordtype oai_dc
spelling okr-10986-246572021-04-23T14:04:23Z Aging, Trade, and Migration Chisik, Richard Onder, Harun Qirjo, Dhimitri GROWTH RATES TOTAL REVENUE IMMIGRANT SUBSTITUTION ECONOMIC GROWTH DEMAND FUNCTIONS INCOME EXCHANGE LABOR FORCE DOMESTIC MARKET ELASTICITY HEALTH CARE IMMIGRANTS POLITICAL ECONOMY PRICE INDICES MARKET SIZE WELFARE MARKET SHARES POLICY DISCUSSIONS PRICING CHILD REARING HOME MARKET MARGINAL PRODUCTIVITY PRICE PRODUCT QUALITY SAVING POPULATION SIZE INTERNATIONAL BANK BUDGET ADVERTISING DEMAND ANALYSIS FOREIGN TRADE SAVINGS COSTS PER CAPITA INCOME FOREIGN MARKET POPULATION GROWTH PRODUCTS EXTERNALITIES GLOBALIZATION FERTILITY RATE MIGRATION MARKETS ECONOMICS LITERATURE TRADE POLICY PRODUCT ELASTICITY OF SUBSTITUTION INFORMATION PROCESSING UTILITY FINANCE ELDERLY RESPECT PROGRESS EXPENDITURE UNEMPLOYMENT DEMOGRAPHIC TRANSITION CONSUMPTION MIGRANT VALUE ADDED OLDER PEOPLE SUBSTITUTE WAGES POLICIES INTERNATIONAL TRADE HOME COUNTRY IMMIGRATION POLICY FAIRS POLICY RESEARCH WORKING PAPER VALUE POPULATION GROWTH RATES CHANGES IN POPULATION SIZE MACROECONOMICS WORLD ECONOMY DEMOGRAPHIC CHANGE DEMAND UTILITY FUNCTION AGGREGATE DEMAND CHANGES IN FERTILITY EXPENDITURES CONSUMERS EQUATIONS EDUCATIONAL SERVICES POPULATION RESEARCH SHARES MARKET ECONOMIC MODELS POLICY SOCIAL WELFARE CITIZENS OUTPUT INSURANCE TRADE AGING COUNTRY GOODS THEORY CITIZENSHIP MARKET SHARE ECONOMIES OF SCALE GROWTH RATE POPULATION AGEING WARS BILATERAL TRADE WAR NATURAL RESOURCE WORLD POPULATION SHARE COMPARATIVE ADVANTAGE TARIFF IMMIGRATION SUPPLY MARKET DEMAND POLICY IMPLICATIONS YOUNG PEOPLE REVENUE POPULATION LABOR SUPPLY EQUILIBRIUM PRICES MONOPOLISTIC COMPETITION WORLD TRADE POLICY RESEARCH FERTILITY DEMOGRAPHIC PRICE INDEX CONSUMPTION LEVELS OUTCOMES MARGINAL PROPENSITY TO CONSUME POPULATION INCREASES DEMAND FOR SERVICES PRICES DEVELOPMENT POLICY POPULATION DYNAMICS COMPETITION This study considers the role of demand-driven changes arising from population aging and how they affect the pattern of international trade as well as trade and immigration policy. An aging society can see a welfare-reducing reduction in its share of manufacturing output and this reduction is magnified by a decrease in trade costs (an increase in globalization). Immigration can ameliorate this outcome if it is directed toward younger immigrants. A unilateral tariff increase can also reduce firm delocation from an aging country, however, a reciprocated tariff increase will unambiguously harm the country with the older average population. 2016-07-11T15:52:46Z 2016-07-11T15:52:46Z 2016-06 Working Paper http://documents.worldbank.org/curated/en/2016/06/26543429/aging-trade-migration http://hdl.handle.net/10986/24657 English en_US Policy Research Working Paper;No. 7740 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic GROWTH RATES
TOTAL REVENUE
IMMIGRANT
SUBSTITUTION
ECONOMIC GROWTH
DEMAND FUNCTIONS
INCOME
EXCHANGE
LABOR FORCE
DOMESTIC MARKET
ELASTICITY
HEALTH CARE
IMMIGRANTS
POLITICAL ECONOMY
PRICE INDICES
MARKET SIZE
WELFARE
MARKET SHARES
POLICY DISCUSSIONS
PRICING
CHILD REARING
HOME MARKET
MARGINAL PRODUCTIVITY
PRICE
PRODUCT QUALITY
SAVING
POPULATION SIZE
INTERNATIONAL BANK
BUDGET
ADVERTISING
DEMAND ANALYSIS
FOREIGN TRADE
SAVINGS
COSTS
PER CAPITA INCOME
FOREIGN MARKET
POPULATION GROWTH
PRODUCTS
EXTERNALITIES
GLOBALIZATION
FERTILITY RATE
MIGRATION
MARKETS
ECONOMICS LITERATURE
TRADE POLICY
PRODUCT
ELASTICITY OF SUBSTITUTION
INFORMATION PROCESSING
UTILITY
FINANCE
ELDERLY
RESPECT
PROGRESS
EXPENDITURE
UNEMPLOYMENT
DEMOGRAPHIC TRANSITION
CONSUMPTION
MIGRANT
VALUE ADDED
OLDER PEOPLE
SUBSTITUTE
WAGES
POLICIES
INTERNATIONAL TRADE
HOME COUNTRY
IMMIGRATION POLICY
FAIRS
POLICY RESEARCH WORKING PAPER
VALUE
POPULATION GROWTH RATES
CHANGES IN POPULATION SIZE
MACROECONOMICS
WORLD ECONOMY
DEMOGRAPHIC CHANGE
DEMAND
UTILITY FUNCTION
AGGREGATE DEMAND
CHANGES IN FERTILITY
EXPENDITURES
CONSUMERS
EQUATIONS
EDUCATIONAL SERVICES
POPULATION RESEARCH
SHARES
MARKET
ECONOMIC MODELS
POLICY
SOCIAL WELFARE
CITIZENS
OUTPUT
INSURANCE
TRADE
AGING COUNTRY
GOODS
THEORY
CITIZENSHIP
MARKET SHARE
ECONOMIES OF SCALE
GROWTH RATE
POPULATION AGEING
WARS
BILATERAL TRADE
WAR
NATURAL RESOURCE
WORLD POPULATION
SHARE
COMPARATIVE ADVANTAGE
TARIFF
IMMIGRATION
SUPPLY
MARKET DEMAND
POLICY IMPLICATIONS
YOUNG PEOPLE
REVENUE
POPULATION
LABOR SUPPLY
EQUILIBRIUM PRICES
MONOPOLISTIC COMPETITION
WORLD TRADE
POLICY RESEARCH
FERTILITY
DEMOGRAPHIC
PRICE INDEX
CONSUMPTION LEVELS
OUTCOMES
MARGINAL PROPENSITY TO CONSUME
POPULATION INCREASES
DEMAND FOR SERVICES
PRICES
DEVELOPMENT POLICY
POPULATION DYNAMICS
COMPETITION
spellingShingle GROWTH RATES
TOTAL REVENUE
IMMIGRANT
SUBSTITUTION
ECONOMIC GROWTH
DEMAND FUNCTIONS
INCOME
EXCHANGE
LABOR FORCE
DOMESTIC MARKET
ELASTICITY
HEALTH CARE
IMMIGRANTS
POLITICAL ECONOMY
PRICE INDICES
MARKET SIZE
WELFARE
MARKET SHARES
POLICY DISCUSSIONS
PRICING
CHILD REARING
HOME MARKET
MARGINAL PRODUCTIVITY
PRICE
PRODUCT QUALITY
SAVING
POPULATION SIZE
INTERNATIONAL BANK
BUDGET
ADVERTISING
DEMAND ANALYSIS
FOREIGN TRADE
SAVINGS
COSTS
PER CAPITA INCOME
FOREIGN MARKET
POPULATION GROWTH
PRODUCTS
EXTERNALITIES
GLOBALIZATION
FERTILITY RATE
MIGRATION
MARKETS
ECONOMICS LITERATURE
TRADE POLICY
PRODUCT
ELASTICITY OF SUBSTITUTION
INFORMATION PROCESSING
UTILITY
FINANCE
ELDERLY
RESPECT
PROGRESS
EXPENDITURE
UNEMPLOYMENT
DEMOGRAPHIC TRANSITION
CONSUMPTION
MIGRANT
VALUE ADDED
OLDER PEOPLE
SUBSTITUTE
WAGES
POLICIES
INTERNATIONAL TRADE
HOME COUNTRY
IMMIGRATION POLICY
FAIRS
POLICY RESEARCH WORKING PAPER
VALUE
POPULATION GROWTH RATES
CHANGES IN POPULATION SIZE
MACROECONOMICS
WORLD ECONOMY
DEMOGRAPHIC CHANGE
DEMAND
UTILITY FUNCTION
AGGREGATE DEMAND
CHANGES IN FERTILITY
EXPENDITURES
CONSUMERS
EQUATIONS
EDUCATIONAL SERVICES
POPULATION RESEARCH
SHARES
MARKET
ECONOMIC MODELS
POLICY
SOCIAL WELFARE
CITIZENS
OUTPUT
INSURANCE
TRADE
AGING COUNTRY
GOODS
THEORY
CITIZENSHIP
MARKET SHARE
ECONOMIES OF SCALE
GROWTH RATE
POPULATION AGEING
WARS
BILATERAL TRADE
WAR
NATURAL RESOURCE
WORLD POPULATION
SHARE
COMPARATIVE ADVANTAGE
TARIFF
IMMIGRATION
SUPPLY
MARKET DEMAND
POLICY IMPLICATIONS
YOUNG PEOPLE
REVENUE
POPULATION
LABOR SUPPLY
EQUILIBRIUM PRICES
MONOPOLISTIC COMPETITION
WORLD TRADE
POLICY RESEARCH
FERTILITY
DEMOGRAPHIC
PRICE INDEX
CONSUMPTION LEVELS
OUTCOMES
MARGINAL PROPENSITY TO CONSUME
POPULATION INCREASES
DEMAND FOR SERVICES
PRICES
DEVELOPMENT POLICY
POPULATION DYNAMICS
COMPETITION
Chisik, Richard
Onder, Harun
Qirjo, Dhimitri
Aging, Trade, and Migration
relation Policy Research Working Paper;No. 7740
description This study considers the role of demand-driven changes arising from population aging and how they affect the pattern of international trade as well as trade and immigration policy. An aging society can see a welfare-reducing reduction in its share of manufacturing output and this reduction is magnified by a decrease in trade costs (an increase in globalization). Immigration can ameliorate this outcome if it is directed toward younger immigrants. A unilateral tariff increase can also reduce firm delocation from an aging country, however, a reciprocated tariff increase will unambiguously harm the country with the older average population.
format Working Paper
author Chisik, Richard
Onder, Harun
Qirjo, Dhimitri
author_facet Chisik, Richard
Onder, Harun
Qirjo, Dhimitri
author_sort Chisik, Richard
title Aging, Trade, and Migration
title_short Aging, Trade, and Migration
title_full Aging, Trade, and Migration
title_fullStr Aging, Trade, and Migration
title_full_unstemmed Aging, Trade, and Migration
title_sort aging, trade, and migration
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/06/26543429/aging-trade-migration
http://hdl.handle.net/10986/24657
_version_ 1764457303062347776