Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP14719 |
DP14719 Immigration, Innovation, and Growth | |
Stephen Terry; Thomas Chaney; Konrad Burchardi; Lisa Tarquinio; Tarek Hassan | |
发表日期 | 2020-05-06 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We show a causal impact of immigration on innovation and growth in US counties. To identify the causal impact of immigration, we use 130 years of detailed data on migrations from foreign countries to US counties to isolate quasi-random variation in the ancestry composition of US counties; interacting this plausibly exogenous variation in ancestry composition with the recent inflows of migrants from different origins, we predict the total number of migrants flowing into each US county in recent decades. We show immigration has a positive causal impact on innovation, measured as patenting of local firms, and on economic growth, measured as real income growth for native workers. We interpret those results through the lens of a quantitative model of endogenous growth and migrations. A structural estimation of this model targeting the well identified causal impact of migration on innovation suggests the large inflow of foreign migrants into the US since 1965 may have contributed to an additional 8% growth in innovation and 5% growth in wages. |
主题 | Development Economics ; Economic History ; International Trade and Regional Economics ; Macroeconomics and Growth |
关键词 | Migrations Innovation Patents Endogenous growth Dynamism |
URL | https://cepr.org/publications/dp14719-0 |
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/543638 |
推荐引用方式 GB/T 7714 | Stephen Terry,Thomas Chaney,Konrad Burchardi,et al. DP14719 Immigration, Innovation, and Growth. 2020. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。