Finding Home in Exile: Empirical Perspectives on Migration
Keywords:
International migration, Economic development, cross-sectional modelsAbstract
The effect of national indicators on the International Migrant Stock is studied to determine policy-relevant conclusions to better manage migrant flows. Through a cross-sectional model estimated through ordinary least squares with country-level data from 2015 it is found that higher GDP, less restrictions to business creation, more culture diversity and less corruption are associated
to higher migration. Democracy is a significant covariate but is negatively correlated with migrant flows, which is counterintuitive. Through more flexible functional forms, it is discovered that countries located in Middle East and North Africa, where most rich oil-exporting countries are located, have higher migration flows yet lower democracy scores, which might be influencing the sign of the democracy effect. When analyzing democracy in the Western Hemisphere, it is found that the effect is positive for relatively richer countries in terms of GDP.
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