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Should We Have Markets for Immigration

Gautam Mehta

 

"Give me your tired, your poor, your huddled masses yearning to breathe free, the wretched refuse of your teeming shore," says the plaque on the Statue of Liberty, "I lift my lamp beside the golden door!" Most Americans today are hardly as welcoming. Samuel P Huntington, a noted political scientist, contends that "(t)he invasion of over one million Mexican civilians is comparable [to an armed invasion and] a threat to American societal security, and Americans should react against it with comparable vigor." Clearly, both legal and illegal immigration continue to be a controversial issue in America today. Amidst all the bitter controversy surrounding this issue, is there a middle ground to be found between an "open border" and a "border fence"? Economists have proposed that governments create a market for immigration where workers and employers will be allowed to trade work permits. A market for immigration will improve both productivity and national income growth by allowing employers and workers to better respond to wage and price signals. It will also reduce some of the huge administrative and social costs of hosting migrant-workers and improve the acceptance of migrants into host societies.


The current migrant worker program in United States and most other countries is a 'quota system' with a price ceiling of zero on work permits or citizenship (Myers and Papageorgiu, 2002). There are a lot of problems with such quota based migrant worker program, such as administrative and monitoring costs, potential productivity losses, which I will examine in section I. In order to overcome the problems associated to the quota system, economists have suggested that the government allow functioning markets for immigration. I will detail and briefly evaluate a two such proposals in Section II. A market for immigration will lead to gains in productivity and growth of national income by allowing workers and employers to respond to wage signals and by reducing some of the unproductive administrative costs of the program. I will examine this and many other benefits of allowing a market for immigration in Section III. I will conclude with evaluating the case for markets in immigration.


Current Migrant Worker Programs and its Pitfalls


Most countries currently impose a quota on the number of migrant workers is admits. Under this quota, the government imposes a ceiling of zero (besides the insignificant cost of a visa) on the price for admission. With a price ceiling well below the market clearing price, there is a huge surplus of applicants who want to enter the country. The chronic and huge shortage of H-1B visas to work in the US, for example, is an evidence of the huge surplus of potential migrants (Espenshade, 2001). By reducing the total number of migrants with arbitrary quotas, the world looses some of the productivity gains that result from migration of workers from countries with low marginal productivity to countries with high marginal productivity. With such a huge surplus, the US and other countries have to resort to arbitrary means, such as visa lottery, to issue migrant visas. This can potentially leave out some of the 'best and the brightest' among the applicants and admit the mediocre ones. Sometimes workers with skills critically needed in the host country loose out in the lottery system, further reducing some of the potential gains of transnational migration.


The potential gains of transnational migration are further reduced with the practice of requiring employers to sponsor workers under migrant worker programs. Migrant workers are therefore tethered to their employers and are unable to search for alternative employment opportunities. The purpose of many migrant worker programs is to overcome temporary worker shortages or to increase the productivity of host country. According to standard economic reasoning, only when workers are permitted to seek their maximum asking price can they be expected to be employed where they are most useful (Weinstein, 2002). If migrant workers are unable to respond to wage signals, then many potential productivity gains of transnational migration are lost (Weinstein, 2002). Tethering migrant workers to their employers also creates potential for serious rights abuses. Since migrant workers have no option of leaving their employer in search of better working conditions, they are vulnerable to exploitation by unscrupulous employers. Their effects of their exploitation may be compounded by the fact that migrants are cut off from the support structure of their native country (Weinstein, 2002). Since migrants are unfamiliar with host country's infrastructure and legal system, it is also difficult for them to seek redressal for grievances against their employers (Weinstein, 2002).


Employers, on the other hand, prefer tethering of migrant workers since it allows them to increase profits by reducing both labour costs and resources required to retain employees. Since a migrant workers income is higher in the host country than in his native country, a visa sponsorship is particularly valuable to him. A migrant worker therefore may be willing to work for a lot less than a comparable native worker in return for visa sponsorship. This benefits employers while hurting native workers wages. Native workers are hurt even more in their job search by the practice of tethering since an employer will choose a migrant worker over comparable native worker. When evaluating between comparable native and migrant workers, an employer will choose the applicant that costs him less. Since a migrant worker is no allowed to seek alternative employment, his "company loyalty" is guaranteed. An employer will thus have to spend less resources and effort on retaining migrant workers than would be the case with native workers (Weinstein, 2002). An employer can also train migrant workers without fearing that he would leave after training.


Employers' preference for migrant workers over natives often leads to concentration of the benefits of transnational migration and increased "ghettoization" of occupations. As discussed above, transnational migration under the current structure of migrant worker programs can depress native workers wages and increase corporate profits in the host country. Indeed, the ability of migrant workers to benefit the host economy hinges on their ability to lower wages and increase profits (Weinstein, 2002). If the ownership of capital in the host country in concentrated, the benefits of migration to natives will also be concentrated (Weinstein, 2002). Often, migrant worker programs are concentrated in certain sectors of the economy, which are already unattractive to native workers. Migrant workers will further depress wages in these sectors making them even less attractive to native workers. This will create problems for countries striving for migrants to compliment, not displace, native workers (Weinstein, 2002). Certain sectors of the economy will be over-dependant on migrant workers. Wage depression and increasing 'ghettoization' of occupations is also partly responsible for the backlash against immigration, seen in many Western European countries. Many economies are therefore prevented from harnessing the full benefits of migrant workers. The other social and political costs associated with such a backlash against immigration are significant but beyond the scope of this paper.


The costs of building and administering the infrastructure to manage a migrant worker programs are huge. Since the visa or work permit fees under a quota system are minimal, these costs are not completely offset by fees but are borne by taxpayers of a host country. States also bear the costs of monitoring the workers under the migrant worker programs to ensure that they do not violate the terms of admission. States may even have to bear the costs of repatriating workers loose their legal status. Moreover, migrants have significant impact on important aspects of host country societies, such as national security, local environmental issues, use of public services etc. There are also costs associated with infrastructure needed to assimilate migrants into the host society. Often, the income tax collected from migrant workers is not enough to offset the costs of hosting them.


The Structure of a 'Market for Immigration'


In order to reduce some of the shortcomings of the 'arbitrary' migrant worker program, many economists have called for a market for right of residency and/or citizenship. Migrant workers receive the utility increased personal consumption due to higher income. There are also other citizenship benefits, such as personal and national security, an accountable government, subsidized access to transportation, healthcare and housing. Most migrant workers pay very little for these benefits. Most proposals calling for markets for immigration therefore involve abolishing arbitrary immigration quotas and replacing them with tolls. These proposals require migrant to pay upfront the costs of hosting them. One such proposals involves levying 'tolls' on immigrants with poor country government allowed to take steps to force migration by giving subsidies (Myers and Papageorgiou, 2001). Another proposal calls for the introduction of licensed tradable work permits (Weinstein, 2002). Under this proposal, employees and employers are allowed to buy/sell immigration permits on the open market. Since the labour market is heterogeneous, the work permits will be limited to a particular type of job profile. A worker holding a permit for, say, an assembly line job will not be allowed to use that permit to work in, say, a law firm. The government can increase or decrease the permits issued to migrant workers on the primary exchange in response to changes in domestic economic conditions. A secondary exchange is then set up where permits are traded freely at a price that fluctuates according to shifting demand and supply. This, in my opinion, is a preferable model as it allows migrant workers to follow market signals to boost income.


Benefits of Tradable Work Permits


The current migrant worker program, as discussed above, limits gains from transnational migration. These inefficiencies stem from the "intrinsic rights" that native workers have under the social contract, such as preference for jobs (Weinstein, 2002). A tradable work permit converts such entitlements into tradable "property rights." Though it may not be possible to implement a perfect system for trading property rights, these 'rights' become intrinsically more valuable even when they are partly tradable. Native workers are compensated for their 'intrinsic rights' within the social contract with the fees levied on migrants. Thus, equity is preserved and welfare is maximally improved for both native and migrant workers (Weinstein, 2002).


With tradable work permits, migrants will be able to respond to wage signals in the economy and move to sectors/geographies where they are needed the most. Wages are often a proxy for productivity. Increased mobility will lead workers to firms with higher productivity from firms with lower productivity, boosting productivity growth. Migrant workers will therefore contribute maximally to host country welfare. The increase in productivity will decrease costs to consumers and/or increase corporate profits. Increased corporate profits will keep many employers from relocating to low wage economies. Thus, even though wages of native workers in certain sectors might be depressed due tradable work permits, the economy as a whole and the host society benefits from higher growth in productivity and living standards.


Employers have been hurt by the current migrant worker policy since it often prevents them from hiring critically needed workers. High tech companies in most developed countries have long complained about a shortage of skilled workers. They cite the higher than average salary growth and falling unemployment rate among computer programmers and scientists as evidence of 'labour shortage' in IT sector (Watts, 2001). Although the number of degrees in engineering and science in the US has been increasing, an increasing proportion of these degrees have gone to non-US citizens, who are subject to the H-1B visa cap (Espenshade, 2001). Longer-term labour shortages can only exist if an artificial mechanism prevents wages from rising to a market-clearing level. No such mechanisms appear to exist in the US so there will not be any longer-term labor shortage in the US. But 'spot-shortages' will continue to exist, especially in the high technology sectors (Espenshade, 2001). The 'spot shortages' are likely to be compounded in the future with the retirement of baby boomers and a rapidly ageing population in many rich countries. Even in a mobile labour market, like the US, native workers, for family, school or other reasons, are reluctant to move to geographies where they might be needed the most. Tradable work permits will allow employers to hire workers from overseas in critically needed areas. Tradable work permits, some fear, will allow employers to undercut the wages of native workers by hiring foreigners. These fears are largely unjustified since the number of work permits issued on the primary market will be limited. Any attempts by employers to corner a large part of the market in a work permits for a particular sector will actually result in price rise, making it more expensive to hire foreign workers.


The economy of the host country will be able to capture most of the productivity gains of transnational migration, boosting its growth rate. As discussed above, employers will be able to hire critically needed personnel more efficiently and quickly. A loss of few workers can disrupt the production process, resulting in huge financial and productivity losses. Often investment decisions or execution of projects are stalled due to lack of sufficiently skilled workers, as was the case with Atwater dinning hall and the senior housing. With tradable work permits, employers will be able to respond to such emergencies quickly and with lower costs. Migrant workers or domestic pressure groups will no longer be allowed to block employers from hiring needed migrant workers as the market mechanism ensures adequate access based on demonstrated need (Weinstein, 2001). The price of tradable work permits will also provide an important signal for allocation of domestic resources. If, for example, a student sees an increase in prices of work permits in the high-technology sectors, indicating a greater demand for workers, he can choose to study engineering to benefit from the increased demand. Likewise, employers can choose between capital intensive and labour intensive production techniques based on, among other things, the price of work permits.


Making work permits tradable will free migrant workers from being tethered to their employers. Migrant workers will be as mobile as domestic workers. They will therefore no longer by more attractive to employers than domestic workers. Domestic workers will benefit from increased employment opportunity and, in some sectors, higher wages. Migrant workers, on the other hand, will receive equal pay for equal work with a fair deduction, in form of the cost of work permit, to cover the costs they impose on the society. Among H-1B complaints that were investigated, the Department of Labour's Wage and Hour Division found a higher rate of violation (83%) than under other laws (Watts, 2001). Increased mobility will afford migrant workers the opportunity to change their jobs if faced with abuse from unscrupulous employers. Migrant workers will therefore enjoy the same working conditions and rights as native workers. The general work atmosphere for migrant workers will improve as a result, attracting better quality workers.


Clearly, migration of both skilled and unskilled workers brings great benefits to a host economy. However, depression of native workers wages is one of the ways in which migration boosts national income. Not surprisingly, native workers resist migration. Often, increased migration put many native workers out of jobs or reduces their wages. The fees collected from tradable work permits can be used to compensate or retrain native workers and to defray some of the costs the migrant workers impose on host societies. Because of the entry fees migrants are required to pay, the host society becomes an important stake holder in legal migration program. There will be clear incentives for the citizens to become involved in ensuring that illegal migration does not spring up alongside the legal migrant worker program (Weinstein, 2001). A part of the increased resources generated from the legal market for work permits can also be used to monitor the much maligned illegal markets in working permits. This will increase the acceptance and assimilation of immigrants into the host society, hopefully reducing some of the xenophobic anti-migrant rhetoric in rich countries and creating a more welcoming atmosphere for migrants.


Conclusion


Clearly, the system of tradable work permits will make the intrinsic rights of native workers under the social contract more valuable. It will also boosts productivity and national income growth by allowing migrant workers and employers to respond to wage signals. It will also help employers recruit critically needed workers overseas. The costs of hosting migrants will be offset by the work permit fees collected. This presence of compensatory fees will increase the acceptance of migrants in host societies. There will be great benefits to the society due to great cultural exchange. Is there something that could lead to the normative dominance of quotas over tradable work permits? One argument against moving to a system involving work permits is that only the rich in poor countries could afford the cost of these permits. However, it seems reasonable to assume that the individuals who gain the most are the ones who most want to come (Myers and Papageorgiou, 2002). Such individuals, if they are poor, can borrow against their future income to buy work permits. Others maintain that work permits would create an underclass of immigrations in a rich country. However, such underclass exists even under the current 'quota' system. Tradable work permits only give more rights to such workers. Finally, some argue that open borders are better economically than any form of immigrant control. This does not look politically feasible in most countries. Many countries have only increased restriction on immigration. National government can always create 'open borders' for political refugees or exempt a group of people from the work permit requirement in accordance with their domestic or foreign policies. Realistically, therefore, a market for immigration with tradable work permits whose price changes with fluctuations in demand are supply, appears to be the best form of managing transnational migration.

 

Bibliography


Espenshade, Thomas J. (2001), "High-End Immigrants and the Shortage of Skilled Labor", Population Research and Policy Review v20, n1-2 (April 2001): 135-141.


Weinstein, Eric (2002), "Migration for the Benefit of All: Towards a New Paradigm for Economic Immigration", International Labour Review v141, n3 (2002): 225-252.


Myers, Gordon M.; Papageorgiou, Yorgos Y. (2002), "Towards a Better System for Immigration Control", Journal of Regional Science v42, n1 (February 2002): 51-74


Watts, Julie R. (2001), "The H-1B visa: Free Market Solutions for Business and Labor", Population Research and Policy Review v20, n1-2 (April 2001): 143-156.