Equilibrio regional y patrones de migración para el continente americano 1960 - 2005: Análisis espacial por panel de datos [Regional Equilibrium and Migration Patterns in the Americas 1960 - 2005: Spatial Data Panel Analysis]
The paper analyzes the migration dynamics in Americas from 1960 to 2005 using an equilibrium approach as is proposed in Sjaastad (1969) y Todaro (1969). With recent spatial econometrics techniques the migration flow is evaluated, controlling for labor mobility effect and regional wages. Additionally, the estimated model looks for variations in migration taking into account distinctive population features in each country, specifically, the portion of people in labor age, unemployment and relative wage. The estimated model shows that spatial equilibrium related to net migration is negative affected by wages and positively by labor supply.