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Measuring the economic impact of immigrant workers exit from Madrid region labor market

Author

Listed:
  • Cámara, Angeles

    (Universidad Rey Juan Carlos)

  • Medina, Ana

    (Universidad Rey Juan Carlos)

Abstract

This paper analyses the economic impact of the loss of employment suffered by the immigrant population in Madrid’s regional economy during the years of the latest economic crisis, specifically during the period 2010-2016. First, it examines the labour characteristics of the immigrant population, a community mainly employed in unstable and low-skilled jobs and overrepresented in economic sectors that are sensitive to fluctuations in the labour market. Financial crisis forced these workers exiting labour market and the present work focuses on the modelling of this phenomenon by means of the construction of a multisectoral model of the supply-side type, also known as Ghosh model. This analytic approach provides estimates of the direct impacts of the immigrant working population leaving the labour market, and of its indirect and induced impacts on the greater economy.

Suggested Citation

  • Cámara, Angeles & Medina, Ana, 2021. "Measuring the economic impact of immigrant workers exit from Madrid region labor market," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 49, pages 65-88.
  • Handle: RePEc:ris:invreg:0453
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    References listed on IDEAS

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    1. Sonis, Michael & Guilhoto, Joaquim José Martins & Hewings, Geoffrey J.D. & Martins, Eduardo B., 1995. "Linkages, key sectors and structural change: some new perspectives," MPRA Paper 54754, University Library of Munich, Germany.
    2. Ana-Isabel Guerra & Ferran Sancho, 2011. "Revisiting The Original Ghosh Model: Can It Be More Plausible?," Working Papers 11.02, Universidad Pablo de Olavide, Department of Economics.
    3. Ana-Isabel Guerra & Ferran Sancho, 2011. "Revisiting The Original Ghosh Model: Can It Be Made More Plausible?," Economic Systems Research, Taylor & Francis Journals, vol. 23(3), pages 319-328, February.
    4. Mario Izquierdo & Juan F. Jimeno & Aitor Lacuesta, 2015. "Spain: From Immigration To Emigration?," Working Papers 1503, Banco de España.
    5. Konstantinos Pouliakas & Deborah Roberts & Eudokia Balamou & Dimitris Psaltopoulos, 2014. "Modelling the Effects of Immigration on Regional Economic Performance and Wage Distribution: A Computable General Equilibrium (CGE) Analysis of Three European Union Regions," Regional Studies, Taylor & Francis Journals, vol. 48(2), pages 318-338, February.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic integration of immigrants; multisectoral model; economic impact;
    All these keywords.

    JEL classification:

    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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