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

Peter Dungan, Tony Fang and Morley Gunderson

CLSSRN working papers from Vancouver School of Economics

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: Macroeconomic impact; Immigration; FOCUS Model; Canada (search for similar items in EconPapers)
JEL-codes: E17 J15 J18 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2012-11-30, Revised 2012-11-30
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Citations: View citations in EconPapers (5)

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