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Immigration, Unemployment and Growth: Empirical Evidence from Greece

Author

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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.

Suggested Citation

  • Chletsos, Michael & Roupakias, Stelios, 2012. "Immigration, Unemployment and Growth: Empirical Evidence from Greece," MPRA Paper 39861, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:39861
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Immigration; Unemployment; Growth;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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