The causality between economic growth and immigration in EU/EFTA Member States
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Universidade de Vigo
info
ISSN: 0019-977X
Year of publication: 2018
Issue Title: Las Migraciones Euromediterráneas. Impacto Socioeconómico y Políticas
Issue: 900
Pages: 125-138
Type: Article
More publications in: Información Comercial Española, ICE: Revista de economía
Abstract
The EU/EFTA Member States attract yearly a large population of immigrants. Economists, demographers, historians and sociologists generally agree that the need to fill labor market gaps and the income differences between host and sending countries explain migration into industrialized nations. They also recognize that demographic changes that occur through immigration have important economic effects. However, regarding the existence of economic repercussions of migration, there is no conclusive evidence on the relationship between economic growth and immigration. To this end, the Granger long-run causality based on the Error Correction Model (ECM) and Johansen cointegration technique and Granger causality test were applied to Eurostat database for EU/EFTA nations.