Abstract
The issue of the economic impact of immigrants is often couched in terms of whether the economy, or a sector of the economy, “needs” immigrants. This is a common concept among political leaders, the media and representatives of industry and labor, yet it is a concept that makes no sense to economists. The purpose of this paper is to explore the issue of the economic impact of immigrants in an advanced industrial economy with abundant capital (or access to capital) and workers of various levels of skill.1 It will also explore the implications for countries that differ in the domestic supply of low-skilled workers.
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© 1998 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Chiswick, B.R. (1998). The Economic Consequences of Immigration: Application to the United States and Japan. In: Weiner, M., Hanami, T. (eds) Temporary Workers or Future Citizens?. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-14418-1_7
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DOI: https://doi.org/10.1007/978-1-349-14418-1_7
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