| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7134 |
| DP7134 What Drives US Foreign Borrowing? Evidence on External Adjustment to Transitory and Permanent Shocks | |
| Giancarlo Corsetti; Panagiotis Konstantinou | |
| 发表日期 | 2009-01-23 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | We measure the extent to which skilled immigrants increase innovation in the United States by exploring individual patenting behavior as well as state-level determinants of patenting. The 2003 National Survey of College Graduates shows that immigrants patent at double the native rate, and that this is entirely accounted for by their disproportionately holding degrees in science and engineering. These data imply that a one percentage point rise in the share of immigrant college graduates in the population increases patents per capita by 6%. This could be an overestimate of immigration's benefit if immigrant inventors crowd out native inventors, or an underestimate if immigrants have positive spill-overs on inventors. Using a 1940-2000 state panel, we show that immigrants do have positive spill-overs, resulting in an increase in patents per capita of 9-18% in response to a one percentage point increase in immigrant college graduates. We isolate the causal effect by instrumenting the change in the share of skilled immigrants in a state with the state's predicted increase in the share of skilled immigrants. We base the latter on the 1940 distribution across states of immigrants from various source regions and the subsequent national increase in skilled immigrants from these regions. |
| 主题 | Labour Economics |
| 关键词 | Immigration Innovation |
| URL | https://cepr.org/publications/dp7134 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535971 |
| 推荐引用方式 GB/T 7714 | Giancarlo Corsetti,Panagiotis Konstantinou. DP7134 What Drives US Foreign Borrowing? Evidence on External Adjustment to Transitory and Permanent Shocks. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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