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Immigration, Unemployment and Growth: Empirical Evidence from Greece

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  • Chletsos, Michael
  • Roupakias, Stelios

Abstract

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.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 39861.

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Date of creation: 05 Jun 2012
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Handle: RePEc:pra:mprapa:39861

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Keywords: Immigration; Unemployment; Growth;

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  22. Cholezas, Ioannis & Tsakloglou, Panos, 2008. "The Economic Impact of Immigration in Greece: Taking Stock of the Existing Evidence," IZA Discussion Papers 3754, Institute for the Study of Labor (IZA).
  23. Konya, Laszlo, 2006. "Exports and growth: Granger causality analysis on OECD countries with a panel data approach," Economic Modelling, Elsevier, vol. 23(6), pages 978-992, December.
  24. Grossman, Jean Baldwin, 1982. "The Substitutability of Natives and Immigrants in Production," The Review of Economics and Statistics, MIT Press, vol. 64(4), pages 596-603, November.
  25. Ekrame Boubtane & Dramane Coulibaly & Christophe Rault, 2013. "Immigration, Unemployment and Growth in the Host Country: Bootstrap Panel Granger Causality Analysis on OECD Countries," CESifo Working Paper Series 4213, CESifo Group Munich.
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