The impact of immigration on productivity
Llull presents a cross-country analysis of the impact of immigration on productivity and employment. Push-distance interactions provide relevant and exogenous variation for identification. Results suggest that a 1 percentage point increase in the share of immigrants in the population reduces GDP per...
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| Veröffentlicht in: | Sheffield Workshop on the Macroeconomics of Migration (2018 : Sheffield) Understanding migration with macroeconomics |
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| 1. Verfasser: | |
| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
2020
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Tag hinzufügen | Zusammenfassung: | Llull presents a cross-country analysis of the impact of immigration on productivity and employment. Push-distance interactions provide relevant and exogenous variation for identification. Results suggest that a 1 percentage point increase in the share of immigrants in the population reduces GDP per capita by 2%, the employment rate by 0.89 percentage points, and average hours worked conditional on working by 1.28%, whereas it increases the unemployment rate by 0.55 percentage points. Back-of-the-envelope calculations based on a simple production framework provide a structural interpretation. Estimates imply a semi-elasticity of native wages to immigration of −0.7 if the extensive margin of labour supply is ignored (the zeroes of displaced workers are averaged in), and +0.12 on the wages of those who remain working. The effect on immigrant wages is unambiguously negative. |
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| ISBN: | 9783030409807 9783030409838 |