Document de Recherche du Laboratoire d'Économie d'Orléans "Immigration and economic growth in the OECD countries 1986- 2006"

Document de Recherche du Laboratoire d'Economie d'Orléans "Immigration et croissance économique dans les pays de l'OCDE sur la période 1986-2006"

Ekrame Boubtane, Jean-Christophe Dumont and Christophe Rault
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Jean-Christophe Dumont: International Migration Division - OCDE - Organisation de Coopération et de Développement Economiques = Organisation for Economic Co-operation and Development

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986--2006 and relies on a unique data set we compiled that allows us to distinguish net migration of the native- and foreign-born populations by skill level. Specifically, after introducing migration in an augmented Solow-Swan model, we estimate a dynamic panel model using a system of generalized method of moments (SYS-GMM) to address the risk of endogeneity bias in the migration variables. Two important findings emerge from our analysis. First, there exists a positive impact of migrants' human capital on GDP per capita, and second, a permanent increase in migration flows has a positive effect on productivity growth. However, the growth impact of immigration is small even in countries that have highly selective migration policies.

Keywords: Growth; Human capital; Generalized Methods of Moments.; Immigration; Croissance; Capital Humain; Méthode des moments généralisés. (search for similar items in EconPapers)
Date: 2016-01-07
New Economics Papers: this item is included in nep-mig
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Working Paper: Document de Recherche du Laboratoire d'Économie d'Orléans "Immigration and economic growth in the OECD countries 1986- 2006" (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-01252165

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