Does Low Skilled Immigration Increase Profits? Evidence from Italian Local Labour Markets
Giorgio Brunello (),
Elisabetta Lodigiani () and
No 450, Development Working Papers from Centro Studi Luca d'Agliano, University of Milano
We study the effects of low skilled immigration on firm profits, average wages, capital and total factor productivity (TFP) by combining firm-level and local labour market data from Italy. We find that low skilled immigration increases profits. This effect is small on average, larger for small firms and considerably larger for firms operating in local labour markets with a higher than median share of (before sample) low skilled employment. In these areas, substitution effects reduce average wages much more than elsewhere. Low skilled immigration has increased profits by lowering average wages and by increasing the capital stock, with no effect on TFP.
New Economics Papers: this item is included in nep-eff and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Journal Article: Does low-skilled immigration increase profits? Evidence from Italian local labour markets (2020)
Working Paper: Does Low Skilled Immigration Increase Profits? Evidence from Italian Local Labour Markets (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:csl:devewp:450
Access Statistics for this paper
More papers in Development Working Papers from Centro Studi Luca d'Agliano, University of Milano Contact information at EDIRC.
Bibliographic data for series maintained by Chiara Elli ().