Adam Smith on migration
Adam Smith on migration
Author(s): Daniel RauhutSubject(s): History and theory of political science, Social Theory, Migration Studies, Socio-Economic Research
Published by: Transnational Press London
Keywords: migration theory; wages; unemployment; poverty;
Summary/Abstract: Adam Smith considered poverty and unemployment as push factors for migration and wages high enough to provide for a worker and his family as a pull factor. Migration as a free mobility of labour leads to an optimal allocation of the factor commodity labour as well as changes of employment which necessary to equalise wages between different geographical entities. The consequences are not only promoting economic growth and prosperity, but also reducing poverty. Smith has no contemporary empirical support for his theory.
Journal: Migration Letters
- Issue Year: 7/2010
- Issue No: 1
- Page Range: 105-113
- Page Count: 9
- Language: English