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Immigration and Economic Growth : An econometric study of the relationship between immigration and economic growth in 20 OECD countries between 2000-2020

During the last decade, international immigration has experienced significant changes along with adjustments in migration policies. Based on previous research, this paper aims to replicate a statistical investigation of immigration’s effect on economic growth, by also incorporating labor participation and labor force with advanced education into the model. Furthermore, the study explores if different levels of migration policies lead to various impacts on economic growth. The analysis uses data from 20 OECD countries from 2000 to 2020 through a division into five subperiods. To conduct the examination, an OLS regression analysis and logarithmic regression are applied. Furthermore, the regression results indicate that immigration has no statistically significant effect on economic growth. The study also concludes that there is no evidence implying that more developed migration policies contribute more to economic growth than those of low levels. Various research findings conclude different outcomes of immigration's effect on economic growth. Yet, it seems that this question goes beyond the scope of the current study, necessitating additional research to explore the correlation between these two variables and whether there exists a causal relation.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:kau-100135
Date January 2024
CreatorsRollof, Sofia
PublisherKarlstads universitet, Handelshögskolan (from 2013)
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf, application/pdf
Rightsinfo:eu-repo/semantics/openAccess, info:eu-repo/semantics/openAccess

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