Spillover effects of the Venezuelan crisis: Migration impacts in Colombia
In the wake of the Venezuelan crisis, Colombian migrants are returning to their place of birth. Since 2016, however, there has been a spike of immigration to Colombia attributable to inflows of the Venezuelan-born. Using high-frequency administrative data, we estimate the impacts of the recent labou...
| Main Authors: | , , |
|---|---|
| Format: | Journal Article |
| Language: | Inglés |
| Published: |
Oxford University Press
2021
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/142842 |
| _version_ | 1855518729285140480 |
|---|---|
| author | Caruso, German Canon, Christian Gomez Mueller, Valerie |
| author_browse | Canon, Christian Gomez Caruso, German Mueller, Valerie |
| author_facet | Caruso, German Canon, Christian Gomez Mueller, Valerie |
| author_sort | Caruso, German |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | In the wake of the Venezuelan crisis, Colombian migrants are returning to their place of birth. Since 2016, however, there has been a spike of immigration to Colombia attributable to inflows of the Venezuelan-born. Using high-frequency administrative data, we estimate the impacts of the recent labour supply shock–driven by the economic predicament in Venezuela–on the labour and poverty outcomes of native Colombians. We employ an instrumental variables approach to account for the selection of immigrants into locations with more or less desirable conditions. A 1 percentage point increase in immigration from Venezuela reduces informal sector wages by 10 percentage points in urban areas. As the crisis increased the fraction of migrants by 0.2 percentage points in 2017, we estimate urban wages decreased by a total of 2 percentage points. A dual-pronged approach is warranted to promote the economic assimilation of Venezuelans while protecting the job security of Colombians. |
| format | Journal Article |
| id | CGSpace142842 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | Oxford University Press |
| publisherStr | Oxford University Press |
| record_format | dspace |
| spelling | CGSpace1428422024-10-25T07:54:32Z Spillover effects of the Venezuelan crisis: Migration impacts in Colombia Caruso, German Canon, Christian Gomez Mueller, Valerie labour markets immigration labour migration poverty remuneration In the wake of the Venezuelan crisis, Colombian migrants are returning to their place of birth. Since 2016, however, there has been a spike of immigration to Colombia attributable to inflows of the Venezuelan-born. Using high-frequency administrative data, we estimate the impacts of the recent labour supply shock–driven by the economic predicament in Venezuela–on the labour and poverty outcomes of native Colombians. We employ an instrumental variables approach to account for the selection of immigrants into locations with more or less desirable conditions. A 1 percentage point increase in immigration from Venezuela reduces informal sector wages by 10 percentage points in urban areas. As the crisis increased the fraction of migrants by 0.2 percentage points in 2017, we estimate urban wages decreased by a total of 2 percentage points. A dual-pronged approach is warranted to promote the economic assimilation of Venezuelans while protecting the job security of Colombians. 2021-04-01 2024-05-22T12:11:10Z 2024-05-22T12:11:10Z Journal Article https://hdl.handle.net/10568/142842 en Limited Access Oxford University Press Caruso, German; Canon, Christian Gomez; and Mueller, Valerie. 2021. Spillover effects of the Venezuelan crisis: Migration impacts in Colombia. Oxford Economic Papers 73(2): 771–795. https://doi.org/10.1093/oep/gpz072 |
| spellingShingle | labour markets immigration labour migration poverty remuneration Caruso, German Canon, Christian Gomez Mueller, Valerie Spillover effects of the Venezuelan crisis: Migration impacts in Colombia |
| title | Spillover effects of the Venezuelan crisis: Migration impacts in Colombia |
| title_full | Spillover effects of the Venezuelan crisis: Migration impacts in Colombia |
| title_fullStr | Spillover effects of the Venezuelan crisis: Migration impacts in Colombia |
| title_full_unstemmed | Spillover effects of the Venezuelan crisis: Migration impacts in Colombia |
| title_short | Spillover effects of the Venezuelan crisis: Migration impacts in Colombia |
| title_sort | spillover effects of the venezuelan crisis migration impacts in colombia |
| topic | labour markets immigration labour migration poverty remuneration |
| url | https://hdl.handle.net/10568/142842 |
| work_keys_str_mv | AT carusogerman spillovereffectsofthevenezuelancrisismigrationimpactsincolombia AT canonchristiangomez spillovereffectsofthevenezuelancrisismigrationimpactsincolombia AT muellervalerie spillovereffectsofthevenezuelancrisismigrationimpactsincolombia |