Phnom Penh (FN), Feb. 25 – Sokhea Lim and Channary Khun, advisors to Asian Vision Institute (AVI), have published their journal article on science direct entitled Migrant Network Effect and Economic Development.
They compare the development effect of information cost reduction with that of migration cost reduction in a two-sector, macro-dynamic framework that incorporates a migrant network effect. Numerical analyses show that although the reduction in information cost can stimulate inflows of FDI that benefit the traded sector, the loss of labor due to migration cost reduction hampers the expansion of the sector, leading to a long-run macroeconomic contraction for the developing country.
Read the full journal below.
=FRESH NEWS