Abstract
This paper addresses an issue of how technological advancements affect labor migration in Asia. In economics, migration is regarded as a kind of investment in human capital. Technological advancements interlink with globalization and have two effects on labour demand. The general consensus is that it reduces the demand for low-skilled labour and creates demand for high-skilled labour, also information cost is substantially reduced through Internet search engine development, thus, migration flow should be affected by technological advancements. The empirical result shows that technological growth brings a positive effect on migration stock as well as net migration. The brain drain problem will also be discussed.
Original language | English |
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Pages (from-to) | 69-80 |
Number of pages | 12 |
Journal | International Journal of Interdisciplinary Social Sciences |
Volume | 4 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2009 |
Keywords
- Globalization
- Human Capital Theory
- Labor Migration
- Technological advancement