IMMIGRATION, INNOVATION, AND ECONOMIC GROWTH


BİLGİN M. H. , GÖZGÖR G. , Rangazas P.

SINGAPORE ECONOMIC REVIEW, vol.66, no.3, pp.685-699, 2021 (Journal Indexed in SSCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 66 Issue: 3
  • Publication Date: 2021
  • Doi Number: 10.1142/s0217590819500164
  • Title of Journal : SINGAPORE ECONOMIC REVIEW
  • Page Numbers: pp.685-699

Abstract

This paper investigates the empirical effects of immigration on economic growth in a panel dataset of 30 Organization for Economic Cooperation and Development (OECD) countries for the period from 1991 to 2015. We find no effect of immigration generally on economic growth. However, a country's foreign student share has a robust positive association with the country's economic growth rate. The results, in conjunction with recent evidence of an immigration-innovation connection, suggest that the foreign student share works through new business startups.