Labour market integration and innovation: the implications on consumers.

Chowdhury, M. and Mukherjee, A., 2015. Labour market integration and innovation: the implications on consumers. The Manchester School.

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DOI: 10.1111/manc.12132

Abstract

We show the effects of labour market integration on consumers. Labour market integration allows the firms in the labour recipient countries to hire skilled and unskilled workers at lower wages. If labour market integration creates the possibility of migration of skilled workers, it increases investments in innovation and benefits the consumers. However, if labour market integration creates the possibility of migration of unskilled workers, it neither increases investment in innovation nor benefits the consumers always. Our results suggest that the effects of labour market integration on the consumers depend on several factors such as the market size, differences in the labour coefficients and wage and the type of migrated workers (i.e., skilled or unskilled workers).

Item Type:Article
ISSN:1467-9957
Subjects:UNSPECIFIED
Group:Business School
ID Code:22374
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:21 Aug 2015 13:10
Last Modified:23 Nov 2015 16:54

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