Chletsos, Michael and Roupakias, Stelios (2012): Immigration, Unemployment and Growth: Empirical Evidence from Greece.
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Abstract: This paper applies cointegration analysis and Granger non-causality tests in order to identify the direction of causality between migration in Greece and two macroeconomic variables: GDP and unemployment. We use annual data for the 1980-2011 period. The data are drawn from the International Migration Statistics (OECD) and the International Monetary Fund Database (IMF). Our results provide empirical evidence that the growth rates of GDP and unemployment cause migration in Granger’s sense. On the contrary, evidence of reverse causality is not established.
|Item Type:||MPRA Paper|
|Original Title:||Immigration, Unemployment and Growth: Empirical Evidence from Greece|
|Keywords:||Immigration; Unemployment; Growth|
|Subjects:||E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity
O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General
J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J61 - Geographic Labor Mobility ; Immigrant Workers
|Depositing User:||Stelios Roupakias|
|Date Deposited:||05. Jul 2012 18:34|
|Last Modified:||16. Feb 2013 04:53|
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