NEXUS AMONG IMMIGRANTS, SELF-EMPLOYMENT, AND ECONOMIC GROWTH IN NORTH CAROLINA

Saman Janaranjana Herath Bandara

The International Journal of Business and Finance Research, 2022, vol. 16, issue 1, 59-69

Abstract: The study was to scrutinize the connection of immigrants, self-employment, and economic growth in North Carolina. The study used county level data mainly from the American Consumer Survey for the period of 2010- 2017. Pooled OLS regression analysis was conducted using STATA. The results brought some significant insights. The findings highlight the significant and positive impacts of both immigrants and selfemployment to the economic growth of the state. The counties with more self- employment opportunities are more attracted by immigrants. Growth in the construction, manufacturing, and service sectors show significant and positive impacts on self-employment opportunities. The lower the average income Counties show higher rates of self-employment. Growth in the service and education sectors, lead to higher household incomes. Thus, the investment priorities in the construction, services, and education sectors can accelerate the economic growth of North Carolina.

Keywords: Economic Growth; Immigrants; Self-Employment (search for similar items in EconPapers)
JEL-codes: D00 D12 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:ijbfre:v:16:y:2022:i:1:p:59-69

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