Which model can we use to analyze the shortrun
Effects of migration?
A)specificfactors
B)Ricardian
C)HeckscherOhlin
D)purchasing power parity

Question

Which model can we use to analyze the short­run
Effects of migration?
A)specific­factors
B)Ricardian
C)Heckscher­Ohlin
D)purchasing power parity

Quizplus · Accepted Answer

The specific-factors model is the best choice to analyze the short-run effects of migration as it considers that capital and labor are not perfectly mobile between different sectors and locations. It acknowledges the fact that some factors of production are specific to certain industries or regions, and with migration, there can be short-run shifts in the demand for labor and changes in wages. This model also accounts for the potential negative impact on the wages of native workers in the short run due to the increased supply of labor.

Which Model Can We Use to Analyze the Short­run

Which Model Can We Use to Analyze the Shortrun