Growth, Employment and Internal Migration: Peru, 2003-2007

Posted: 20 Apr 2010

See all articles by Gustavo Yamada

Gustavo Yamada

Universidad del Pacifico, Peru - Department of Economics

Date Written: March 1, 2010

Abstract

We analyze trends in regional economic growth, employment and internal migration during one of the best periods of economic boom in Peru's modern history. Migration among departments from 2002 to 2007, captured in the last population census, has been consistent with regional labour prospects, such as initial stocks and recent increases in the volumes of adequate employment. The relative size of internal migration has declined compared to the period 1988-1993 due to the virtual elimination of terrorism-led migration, retaking a long run declining trend observed for the South America region. However, migration corridors opened up in the 1980s and 1990s have persisted during this decade. Empirical models show that the migration decision also takes into account potential gains in living standards, through the improved access to economic and social infrastructure. Likewise, the report finds evidence that internal migration flows support the process of conditional convergence across regional per capita GDPs. However, these same flows do not seem to influence significantly the speed of earnings convergence across regions.

Keywords: Employment, migration, economic growth

JEL Classification: J1, J6, J61. D6, D60

Suggested Citation

Yamada, Gustavo, Growth, Employment and Internal Migration: Peru, 2003-2007 (March 1, 2010). Available at SSRN: https://ssrn.com/abstract=1590603

Gustavo Yamada (Contact Author)

Universidad del Pacifico, Peru - Department of Economics ( email )

Av. Salaverry 2020
RegiĆ³n Metropolitana
Lima 18, Santiago Lima 11
Peru

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