Effects of Venezuelan migration on Colombian price level
This study evaluates the causal impact of the Venezuelan migration on the price level of goods and services in Colombian host cities. The inflow of migrants to a city have a demand shock through an increase in consumption levels, and a supply shock through a decrease in the production costs. I use a...
- Autores:
-
Daly, Julio César
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2021
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/49481
- Acceso en línea:
- http://hdl.handle.net/1992/49481
- Palabra clave:
- Migration
Prices
Enclave
F22, J15, J23
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/
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Al consultar y hacer uso de este recurso, está aceptando las condiciones de uso establecidas por los autores.http://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Daly, Julio César31d2667c-38cf-4a54-8f7c-4bd8b42ae1b45002021-03-09T15:09:03Z2021-03-09T15:09:03Z2021http://hdl.handle.net/1992/494811657-719110.57784/1992/49481instname:Universidad de los Andesreponame:Repositorio Institucional Sénecarepourl:https://repositorio.uniandes.edu.co/This study evaluates the causal impact of the Venezuelan migration on the price level of goods and services in Colombian host cities. The inflow of migrants to a city have a demand shock through an increase in consumption levels, and a supply shock through a decrease in the production costs. I use an Enclave instrumental variable strategy, which exploits the tendency of migrants to settle in places with previous migrant networks. I find that the Venezuelan migration increases averages prices in the non-tradable sector and has no effect on the price of food, tradable goods, transport and energy sectors. I provide evidence that this result may be related to the effect migration has on the price of education and housing. My estimates suggests that a 1 percentage point increase in the migration rate is associated with an 0.913% average increase in the price of the nontradables. This result is consistent with a demand side shock.37 páginasengUniversidad de los Andes, Facultad de Economía, CEDEDocumentos CEDE No.08 Marzo de 2021https://ideas.repec.org/p/col/000089/019102.htmlEffects of Venezuelan migration on Colombian price levelDocumento de trabajoinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttps://purl.org/redcol/resource_type/WPMigrationPricesEnclaveF22, J15, J23Facultad de EconomíaPublicationTEXTdcede2021-08.pdf.txtdcede2021-08.pdf.txtExtracted texttext/plain64364https://repositorio.uniandes.edu.co/bitstreams/9ca52a83-e55c-4b79-80e3-80f869d7ac92/downloadf6ef1ee08d67ebb64fd8e04ccd377d9bMD54ORIGINALdcede2021-08.pdfdcede2021-08.pdfapplication/pdf12360910https://repositorio.uniandes.edu.co/bitstreams/18bc905b-77e9-48d1-950e-4525be6c84ce/downloadd2258209086437b720ec09c9b1fa0040MD51THUMBNAILdcede2021-08.pdf.jpgdcede2021-08.pdf.jpgIM Thumbnailimage/jpeg15941https://repositorio.uniandes.edu.co/bitstreams/e710357a-7c4f-4a95-9d22-949d7a44f714/download10e2fdcba4cb5a9b4171810c71890098MD551992/49481oai:repositorio.uniandes.edu.co:1992/494812024-06-04 15:25:24.478http://creativecommons.org/licenses/by-nc-nd/4.0/open.accesshttps://repositorio.uniandes.edu.coRepositorio institucional Sénecaadminrepositorio@uniandes.edu.co |
dc.title.none.fl_str_mv |
Effects of Venezuelan migration on Colombian price level |
title |
Effects of Venezuelan migration on Colombian price level |
spellingShingle |
Effects of Venezuelan migration on Colombian price level Migration Prices Enclave F22, J15, J23 |
title_short |
Effects of Venezuelan migration on Colombian price level |
title_full |
Effects of Venezuelan migration on Colombian price level |
title_fullStr |
Effects of Venezuelan migration on Colombian price level |
title_full_unstemmed |
Effects of Venezuelan migration on Colombian price level |
title_sort |
Effects of Venezuelan migration on Colombian price level |
dc.creator.fl_str_mv |
Daly, Julio César |
dc.contributor.author.none.fl_str_mv |
Daly, Julio César |
dc.subject.keyword.none.fl_str_mv |
Migration Prices Enclave |
topic |
Migration Prices Enclave F22, J15, J23 |
dc.subject.jel.none.fl_str_mv |
F22, J15, J23 |
description |
This study evaluates the causal impact of the Venezuelan migration on the price level of goods and services in Colombian host cities. The inflow of migrants to a city have a demand shock through an increase in consumption levels, and a supply shock through a decrease in the production costs. I use an Enclave instrumental variable strategy, which exploits the tendency of migrants to settle in places with previous migrant networks. I find that the Venezuelan migration increases averages prices in the non-tradable sector and has no effect on the price of food, tradable goods, transport and energy sectors. I provide evidence that this result may be related to the effect migration has on the price of education and housing. My estimates suggests that a 1 percentage point increase in the migration rate is associated with an 0.913% average increase in the price of the nontradables. This result is consistent with a demand side shock. |
publishDate |
2021 |
dc.date.accessioned.none.fl_str_mv |
2021-03-09T15:09:03Z |
dc.date.available.none.fl_str_mv |
2021-03-09T15:09:03Z |
dc.date.issued.none.fl_str_mv |
2021 |
dc.type.spa.fl_str_mv |
Documento de trabajo |
dc.type.coarversion.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
dc.type.driver.spa.fl_str_mv |
info:eu-repo/semantics/workingPaper |
dc.type.coar.spa.fl_str_mv |
http://purl.org/coar/resource_type/c_8042 |
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Text |
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dc.identifier.uri.none.fl_str_mv |
http://hdl.handle.net/1992/49481 |
dc.identifier.eissn.none.fl_str_mv |
1657-7191 |
dc.identifier.doi.none.fl_str_mv |
10.57784/1992/49481 |
dc.identifier.instname.spa.fl_str_mv |
instname:Universidad de los Andes |
dc.identifier.reponame.spa.fl_str_mv |
reponame:Repositorio Institucional Séneca |
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repourl:https://repositorio.uniandes.edu.co/ |
url |
http://hdl.handle.net/1992/49481 |
identifier_str_mv |
1657-7191 10.57784/1992/49481 instname:Universidad de los Andes reponame:Repositorio Institucional Séneca repourl:https://repositorio.uniandes.edu.co/ |
dc.language.iso.none.fl_str_mv |
eng |
language |
eng |
dc.relation.ispartofseries.none.fl_str_mv |
Documentos CEDE No.08 Marzo de 2021 |
dc.relation.repec.spa.fl_str_mv |
https://ideas.repec.org/p/col/000089/019102.html |
dc.rights.uri.*.fl_str_mv |
http://creativecommons.org/licenses/by-nc-nd/4.0/ |
dc.rights.accessrights.spa.fl_str_mv |
info:eu-repo/semantics/openAccess |
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http://creativecommons.org/licenses/by-nc-nd/4.0/ http://purl.org/coar/access_right/c_abf2 |
eu_rights_str_mv |
openAccess |
dc.format.extent.none.fl_str_mv |
37 páginas |
dc.publisher.none.fl_str_mv |
Universidad de los Andes, Facultad de Economía, CEDE |
publisher.none.fl_str_mv |
Universidad de los Andes, Facultad de Economía, CEDE |
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Universidad de los Andes |
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