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Economic repercussions of opening the border to labour movements between North and South Cyprus

Giritli, Nuru; Jenkins, Glenn P; Ugural, Sevin; (2014) Economic repercussions of opening the border to labour movements between North and South Cyprus. Economic Research-Ekonomska Istraživanja , 27 (1) pp. 729-739. 10.1080/1331677x.2014.975920. Green open access

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Abstract

Recent policy changes in Cyprus represent the first phase of the integration of the labour markets of North and South Cyprus that could eventually lead to the integration of North Cyprus into the EU. Employment of construction workers from the North by South Cyprus has reduced the supply of workers in North Cyprus, while increasing individual incomes. To study the effects on economic well-being and wealth allocation in North Cyprus, a computable general equilibrium (CGE) model of the economy is employed. Moves to maintain labour market stability by issuing additional permits to workers entering North Cyprus from Turkey are also studied. This policy has significantly benefited all stakeholders in Cyprus.

Type: Article
Title: Economic repercussions of opening the border to labour movements between North and South Cyprus
Open access status: An open access version is available from UCL Discovery
DOI: 10.1080/1331677x.2014.975920
Publisher version: https://doi.org/10.1080/1331677x.2014.975920
Language: English
Additional information: Copyright © 2014 The Author(s). Published by Taylor & Francis. This is an Open Access article distributed under the terms of the Creative Commons Attribution License http://creativecom mons.org/licenses/by/3.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The moral rights of the named author(s) have been asserted.
Keywords: Cyprus; labour market integration; general equilibrium analysis; labour economics; commuter workers; economic policy strategies
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences > Dept of Statistical Science
URI: https://discovery.ucl.ac.uk/id/eprint/10208470
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