HomeResearch explores human migration changes during the COVID-19 pandemicTechResearch explores human migration changes during the COVID-19 pandemic

Research explores human migration changes during the COVID-19 pandemic


decision
Credit: Pixabay/CC0 Public Domain

The choice of where to live is a major economic and social decision and includes factors such as labor markets, schools, housing costs and access to amenities. In 2020, new research shows, a new factor made a prominent appearance: the COVID-19 pandemic. But the way it showed up might not be what you’d expect.


The researchers, Peter Haslag from Vanderbilt University and Daniel Weagley from Georgia Institute of Technology, examined four years of proprietary move-level data on more than 300,000 inter-state moves within the United States to determine how and why the nature of relocation decisions have changed since the onset of the .

The researchers found that a significant percentage of respondents were moving from larger cities to smaller cities with lower costs of living and less stringent COVID regulations. The researchers also found correlation between and reason for migration during the pandemic. “We found are moving much less for changes necessitated from work (such as or taking a new job) and much more for non-work-related reasons,” the researchers said. In contrast, lower income households typically moved for job-related reasons at a similar rate to pre-pandemic levels and were less likely to move for reasons such as retirement, health or lifestyle.

Why it matters

The research provides insight into the impetus for inter-state moves and the ways in which the COVID-19 pandemic impacted migration decision making. The patterns can be used by public health experts and policymakers to predict the impact of future health or environmental crises on migration decisions.

“What stood out to me was how little the infection rate in a impacted the to move to or from there,” said Haslag, assistant professor of finance at Owen Graduate School of Management. “We found that it was other COVID-related factors, including regulations and the ability to work remotely, that had a greater impact on migration decisions.”

This shift in inter-state will have major implications for population-dependent issues such as city structures, tax bases, political biases and real estate markets. “By analyzing movement patterns during the pandemic, we can better understand the reasons that people of different income brackets move and make stronger predictions about the futures of identified cities and states,” Haslag said.

What’s next

Haslag and Weagley are particularly interested in examining the long-term impact of remote work on the labor market. “The fact that we are seeing such a large reaction across states indicates that people are buying into the notion that remote work is here to stay,” Haslag said.

Moreover, they plan to study the impact of high income earners leaving cities with high taxes and regulations, such as New York and San Francisco, and moving to cities with less taxation and regulation, such as Austin, Texas, and Nashville, Tennessee. “We expect that areas with high tax rates will suffer, at least in the short term,” said Haslag, though he believes that the increase in housing prices in cities with lower taxes will ultimately create an equilibrium effect.

The research, “From L.A. to Boise: How Migration Has Changed During the COVID-19 Pandemic” was published in SSRN Electronic Journal.


Why did some state tax revenues increase during the pandemic?


More information:
Peter H. Haslag et al. From L.A. to Boise: How Migration Has Changed During the COVID-19 Pandemic, SSRN Electronic Journal (2021). DOI: 10.2139/ssrn.3808326 

Citation:
Research explores human migration changes during the COVID-19 pandemic (2021, April 21)
retrieved 21 April 2021
from https://phys.org/news/2021-04-explores-human-migration-covid-pandemic.html

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

payday smile logo

PaydaySmile.com is a financial technology company specializing in payday loans and financial solutions. With a keen focus on catering to payday lending needs, the company provides tailored loan options and tools to assist individuals seeking short-term financial assistance. It’s important to note that while we offer financial tools and resources, we are not a direct lender.

Advertiser Disclosure: This website is an independent, advertising-supported comparison service. The card offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

© 2024 PaydaySmile.com . All Rights Reserved.