The openness to international trade and capital movements of industrialized countries has increased substantially …. Overall, the empirical findings do not indicate that international trade and capital mobility raise income differences in …

Pareto optimum, labor mobility (social capital) is excessively large (depleted); iii) trade is superior to labor market …

migrants and natives under both migration and trade. We use a general equilibrium model of migration, human capital and social … natives. Trade and both migration solutions reduce inequality between the populations of the two countries by the same amount …. In addition, trade and migration are not equivalent if social capital is present: the highest welfare is obtained with …

its size and welfare impact, and b) examines the impact of international migration as well as the migration-trade …-South migration raises bloc size and welfare; iv) South-South migration and trade are complements under market access negotiations and …