Thesis supervisor: István György Bessenyei
Location of studies (in Hungarian): University of Pécs, Faculty of Business and Economics Abbreviation of location of studies: KTK
Description of the research topic:
The theoretical paper discusses the effect upon economic growth of migration pressure in the framework of the neoclassical growth model presented by Solow. As the equilibrium growth path is stable, it can be used this framework to perform simple comparative statics to gain an understanding of what consequences the higher level or growth rate of labor available for production has. In the case of high degree of substitution between capital and labor endogenous growth is possible with higher GDP growth rate then the natural. However, it has to be clarify if this growth rate decreases as a consequence of persistent immigration process. Further on, if the technology exhibits a low elasticity of substitution then the growth rate of per capita GDP would be negative as a consequence of the migration pressure.
Required language skills: English Recommended language skills (in Hungarian): Hungarian Further requirements: advanced mathematical skills