Immigration and Economic Growth: Further Evidence from US Data

dc.creatorIslam, Faridul
dc.creatorKhan, Saleheen
dc.creatorRashid, Salim
dc.date2017-04-01T19:52:03Z
dc.date.accessioned2026-07-09T06:49:23Z
dc.descriptionThis paper uses annual US data to examine the causal relationship between immigration and real GDP. Despite its implications for policy, a statistically robust relationship between these two series has been difficult to pin down. Our tests reveal that both the series are break-stationary. Therefore, we apply the Gregory-Hansen (1996) residual based cointegration approach to these series to establish a long run relation between them in the presence of regime shifts. Standard Granger causality test shows that the relation flows from economic growth to immigration in the short run, but not the reverse. However, the Error Correction Models within Vector Error Correction framework shows a bidirectional feedback relationship in the long run which is intuitively more appealing.
dc.identifierdoi:10.22004/ag.econ.143464
dc.identifierhttps://ageconsearch.umn.edu/record/143464/files/5-Faridul%20Islam.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/143464
dc.identifier.urihttp://hdl.handle.net/123456789/581227
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/143464
dc.titleImmigration and Economic Growth: Further Evidence from US Data
dc.typeText

Archivos