IDEAS home Printed from https://ideas.repec.org/a/tpr/restat/v107y2025i4p982-996.html

High-Skill Migration, Multinational Companies, and the Location of Economic Activity

Author

Listed:
  • Nicolas Morales

    (Federal Reserve Bank of Richmond)

Abstract

This article aims to understand the relationship between high-skill immigration and multinational activity. I assemble a firm-level dataset on high-skill visas and show that there is a large home bias effect: foreign multinationals hire more immigrants from their home countries than from other origins. I then build and estimate a quantitative model that relates multinational production with immigration. First, I impose a restrictive immigration policy in the United States and evaluate how it affects production and wages. Second, I increase the barriers to multinational production and show that immigration is an important channel to quantify the welfare gains generated by multinationals.

Suggested Citation

  • Nicolas Morales, 2025. "High-Skill Migration, Multinational Companies, and the Location of Economic Activity," The Review of Economics and Statistics, MIT Press, vol. 107(4), pages 982-996, July.
    • Handle: RePEc:tpr:restat:v:107:y:2025:i:4:p:982-996
    DOI: 10.1162/rest_a_01327
    as

    Download full text from publisher

    File URL: https://doi.org/10.1162/rest_a_01327
    Download Restriction: Access to PDF is restricted to subscribers.
    File URL: https://libkey.io/10.1162/rest_a_01327?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Francis M. Dillon & Sari Pekkala Kerr & William R. Kerr & Andrew J. Wang, 2025. "Positioned at Extremes: Future Job Placements of Immigrant Students at U.S. Colleges," NBER Working Papers 34440, National Bureau of Economic Research, Inc.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpr:restat:v:107:y:2025:i:4:p:982-996. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: The MIT Press (email available below). General contact details of provider: https://direct.mit.edu/journals .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.