Economic growth and immigration are important issues to individuals and governments alike. This paper looks at previous research on the topic of how migration affects growth and finds that most research finds that immigrants increase growth in at least the long run. First global or widely applicable research is discussed, then the paper focuses on the European Union as its data availability and uniform open migration policy lend it to a panel regression analysis. Three models are estimated using World Bank World Development Indicators data from 1990 to 2009 for all 28 current EU member states. The models are largely inconclusive, with the only significant result for the relationship between the stock of international immigrants and real GDP per capita growth being negative and coming from Model 1. However, in Model 1 domestic investment was also significant with a negative impact on real GDP per capita. With no clear answer to the question of how immigration affects growth, the clash between the EU governing body which uses open migration policy to promote growth and anti-immigration political parties in EU member states that see immigration as harming native citizensâ€™ job prospects seems likely to continue.
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Bachelor of Science in Business Administration (B.S.B.A.)
College of Business Administration
Business Administration -- Dissertations, Academic; Dissertations, Academic -- Business Administration
Length of Campus-only Access
Honors in the Major Thesis
Jacob, Davis, "Growth and Immigration: An Econometric Analysis of Current European Union Member States from 1990 to 2009" (2014). HIM 1990-2015. 1580.