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Erscheinungsjahr: 
2020
Quellenangabe: 
[Journal:] Journal of Applied Economics [ISSN:] 1667-6726 [Volume:] 23 [Issue:] 1 [Year:] 2020 [Pages:] 21-43
Verlag: 
Taylor & Francis, Abingdon
Zusammenfassung: 
This study examines and evaluates the dynamic causality relationship between immigration, unemployment, wages and GDP per capita in host countries with a focus on Australia. Previous research has indicated that the economic impact of immigration is significant; nonetheless, its effect on the labour market being positive or negative is inconclusive. This study uses a Vector Error Correction Model (VECM) to examine the dynamic short- and long-run nexus between these variables in Australia over the period 1980-2016. The paper provides clear evidence to policy makers on the positive spillover effect of immigration policies developed by the Australian government.
Schlagwörter: 
Australia
economic growth
GDP
Immigration
unemployment
VECM
wages
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