G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w24824
来源IDWorking Paper 24824
High-Skill Immigration, Innovation, and Creative Destruction
Gaurav Khanna; Munseob Lee
发表日期2018-07-16
出版年2018
语种英语
摘要Economists have identified product entry and exit as a primary channel through which innovation impacts economic growth. In this paper, we document how high-skill immigration affects product reallocation (entry and exit) at the firm level. Using data on H-1B Labor Condition Applications (LCAs) matched to retail scanner data on products and Compustat data on firm characteristics, we find that H-1B certification is associated with higher product reallocation and revenue growth. A ten percent increase in the share of H-1B workers is associated with a two percent increase in product reallocation rates – our measure of innovation. These results shed light on the economic consequences of innovation by high-skill immigrant to the United States.
主题Microeconomics ; Households and Firms ; International Economics ; International Factor Mobility ; Labor Economics ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w24824
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582498
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Gaurav Khanna,Munseob Lee. High-Skill Immigration, Innovation, and Creative Destruction. 2018.
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