TY  - JOUR
AU  - Bivins,Laura L.
AU  - Krishna,Kala
TI  - Transferability of Migration Licenses and the Distribution of Potential Rents
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 8619
PY  - 2001
Y2  - December 2001
UR  - http://www.nber.org/papers/w8619
L1  - http://www.nber.org/papers/w8619.pdf
N1  - Author contact info:
Kala Krishna
Department of Economics
523 Kern Graduate Building
The Pennsylvania State University
University Park, PA 16802
Tel: 814/865-1106
Fax: 814/863-4775
E-Mail: kmk4@psu.edu
AB  - This paper compares the effects of migration restrictions using licenses which are freely traded in a competitive labor market to those that occur when licenses are allocated to firms who are not permitted to trade them. There is reason to expect that a policy of making licenses non-transferable will not only affect production efficiency, but also to allow producers to capture more of the potential migration rents. Applications to migration policies in the Gulf Cooperation Council (GCC) countries are discussed.
ER  -