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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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  23. Bodvarsson, Örn B. & Van den Berg, Hendrik F. & Lewer, Joshua J., 2008. "Measuring immigration's effects on labor demand: A reexamination of the Mariel Boatlift," Labour Economics, Elsevier, vol. 15(4), pages 560-574, August.
  24. Morley, Bruce, 2006. "Causality between economic growth and immigration: An ARDL bounds testing approach," Economics Letters, Elsevier, vol. 90(1), pages 72-76, January.
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