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The Effects of High-Skilled Immigration Policy on Firms: Evidence from Visa Lotteries

Kirk Doran, Alexander Gelber and Adam Isen

Journal of Political Economy, 2022, vol. 130, issue 10, 2501 - 2533

Abstract: We compare winning and losing firms in lotteries for H-1B visas, matching administrative data on these lotteries to administrative tax data on US firms and to approved US patents. Winning one additional H-1B visa crowds out about 1.5 other workers at the firm. Additional H-1Bs have insignificant and at most modest effects on firm innovation. More general evidence from the universe of US firms and the universe of H-1B visas using alternative estimation strategies is consistent with these results. Firms that hire H-1Bs grow faster and innovate more because they are different in other ways from firms that do not.

Date: 2022
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Working Paper: The Effects of High-Skilled Immigration Policy on Firms: Evidence from Visa Lotteries (2022) Downloads
Working Paper: The Effects of High-Skilled Immigration Policy on Firms: Evidence from Visa Lotteries (2014) Downloads
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