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Macroeconomic Impacts of Canadian Immigration: Results from a Macro-Model

Peter Dungan (), Tony Fang and Morley Gunderson ()
Additional contact information
Peter Dungan: University of Toronto
Morley Gunderson: University of Toronto

No 6743, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We use a macro-econometric forecasting model to simulate the impact on the Canadian economy of a hypothetical increase in immigration. Our simulations generally yield positive impacts on such factors as real GDP and GDP per capita, aggregate demand, investment, productivity, and government expenditures, taxes and especially net government balances, with essentially no impact on unemployment. This is generally buttressed by conclusions reached in the existing literature. Our analysis suggests that concern should be with respect to immigrants themselves as they are having an increasingly difficult time assimilating into the Canadian labour market, and new immigrants are increasingly falling into poverty.

Keywords: FOCUS Model; immigration; macroeconomic impact; Canada (search for similar items in EconPapers)
JEL-codes: E17 J15 J18 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2012-07
New Economics Papers: this item is included in nep-dem, nep-mac and nep-mig
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Published - published in: British Journal of Industrial Relations , 2013, 51 (1), 174-195

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Related works:
Journal Article: Macroeconomic Impacts of C anadian Immigration: Results from a Macro Model (2013) Downloads
Working Paper: Macroeconomic Impacts of Canadian Immigration: Results from a Macro-model (2012) Downloads
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