Asia & the Pacific policy studies, 2022-09, Vol.9 (3), p.430-446
2022
Details
- Autor(en) / Beteiligte
- Titel
- Wage arbitrage through skilled emigration: Evidence from the Pacific Islands
- Ist Teil von
- Asia & the Pacific policy studies, 2022-09, Vol.9 (3), p.430-446
- Ort / Verlag
- Richmond: John Wiley & Sons, Inc
- Erscheinungsjahr
- 2022
- Link zum Volltext
- Quelle
- PAIS Index
- Beschreibungen/Notizen
- Skilled workers in poor countries earn wages a fraction of that of their counterparts in rich nations. Here, we estimate the opportunities for wage arbitrage from emigration of workers from the Pacific Islands into Australia and New Zealand. Our calculations, based on wages earned by graduate accountants, computer science graduates and cooks with Certificate III qualifications, reveal wage premiums of a factor of up to 10 from emigration. Likewise, the cost of training to Australian standards within the Pacific Islands is as little as a third of that in Australia meaning that the total factor of economic arbitrage is 30.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 2050-2680eISSN: 2050-2680DOI: 10.1002/app5.355Titel-ID: cdi_doaj_primary_oai_doaj_org_article_45fe4a11d2ba4c08b31bae5675317799
- Format
- –
- Schlagworte
- Accountants, Arbitrage, Australia Pacific Training Coalition (APTC), Brain drain, Computer science, Cooks, Costs, Economic aspects, Emigration, Emigration and immigration, Employers, Employment, Immigration, Islands, Labor market, Labor mobility, labour mobility, Migration, Nursing, Pacific Islander people, Pacific Islands, Premiums, Qualifications, Seasonal employment, Skilled labor, Skilled workers, Skills, Supply and demand, Wages, Wages & salaries, Workers