Immigration Policy and Macroeconomic Performance in France

d'Albis, Hippolyte; Boubtane, Ekrame; Coulibaly, Dramane

Immigration Policy and Macroeconomic Performance in France

Hippolyte d'Albis, Ekrame Boubtane and Dramane Coulibaly

Abstract: This paper quantitatively assesses the interaction between permanent immigration into France and France's macroeconomic performance as seen through its GDP per capita and its unemployment rate. It takes advantage of a new database where immigration is measured by the flow of newly-issued long-term residence permits, categorized by both the nationality of the immigrant and the reason of permit issuance. Using a VAR model estimation of monthly data over the period 1994-2008, we find that immigration flow significantly responds to France's macroeconomic performance: positively to the country's GDP per capita and negatively to its unemployment rate. At the same time, we find that immigration itself increases France's GDP per capita, particularly in the case of family immigration. This family immigration also reduces the country's unemployment rate, especially when the families come from developing countries.

Keywords: growth; unemployment; VAR models; immigration; female and family migration (search for similar items in EconPapers)
Date: 2015-06-15
New Economics Papers: this item is included in nep-mac and nep-mig
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01162441v1
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Citations: View citations in EconPapers (3)

Published in 2015, 32 p

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01162441

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