Abstract
This paper examines the significance of selected economic determinants of rural-urban migration within the rural and urban labor markets of the postwar Korean economy. The analysis makes explicit provision for possible simultaneity among variables by specification and estimation of a simultaneous equations system which describes the rural and urban labor market and migration behavior. Results obtained support the economic opportunity hypothesis of migration. Reduced forms derived from this system provide useful means for estimating the potential migration response associated with alternative economic policies.
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The helpful suggestions received from Professors B. Delworth Gardner, Kenneth Lyon, Yun Kim, and Warren Mazek are gratefully acknowledged.
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Park, H.Y., Fullerton, H.H. Rural-urban labor migration: The case of Korea. Ann Reg Sci 14, 72–90 (1980). https://doi.org/10.1007/BF01286136
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DOI: https://doi.org/10.1007/BF01286136