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The Impact of Foreign Workers on the Labour Market of Cyprus

Author

Listed:
  • Louis N. Christofides

    (Department of Economics and Economics Research Centre, University of Cyprus)

  • Sofronis Clerides

    (Department of Economics and Economics Research Centre, University of Cyprus)

  • Costas Hadjiyiannis

    (Department of Economics and Economics Research Centre, University of Cyprus)

  • Michel S. Michael

    (Department of Economics and Economics Research Centre, University of Cyprus)

Abstract

We examine the impact of the very substantial increase in the employment of foreign workers on production, the growth in output and the wages of domestic workers using time series and cross-sectional data. We find that most recent growth in output can be explained by the increase in foreign workers, which also impacted favourably on the wages of the more educated and skilled domestic workers.

Suggested Citation

  • Louis N. Christofides & Sofronis Clerides & Costas Hadjiyiannis & Michel S. Michael, 2007. "The Impact of Foreign Workers on the Labour Market of Cyprus," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 1(2), pages 37-49, December.
  • Handle: RePEc:erc:cypepr:v:1:y:2007:i:2:p:37-49
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    File URL: https://www.ucy.ac.cy/erc/documents/Full%20Text_Christofides.pdf
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    Citations

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    Cited by:

    1. Yuriy Bilan & Wadim Strielkowski, 2016. "Migration in post-transition economies: immigration surplus in Visegrad group countries," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 9(2), pages 182-196.
    2. Christos Koutsampelas, 2012. "Immigration and Poverty: Findings from Cyprus," University of Cyprus Working Papers in Economics 13-2012, University of Cyprus Department of Economics.
    3. Marianna Oliskevych & Iryna Lukianenko, 2020. "European unemployment nonlinear dynamics over the business cycles: Markov switching approach," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 22(4), pages 375-401.
    4. Martínez i Coma, Ferran & Duval Hernández, Robert, 2009. "Hostility Toward Immigration in Spain," IZA Discussion Papers 4109, Institute of Labor Economics (IZA).

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