The economics of Canadian immigration levels

IF 1.3 4区 经济学 Q3 ECONOMICS
Matthew Doyle, Mikal Skuterud, Christopher Worswick
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引用次数: 0

Abstract

If immigration can benefit the Canadian economy, but must be limited to realize the benefit, what is the optimal level? The Canadian government is increasing immigration rates to levels not reached since the 1920s in the hope of addressing labour shortages and sluggish economic growth. We argue that economic immigration in the Canadian context should aim to raise GDP per capita in the population, including the newcomers, and examine the potential for increases in Canadian immigration rates to achieve this objective. Our analysis suggests that Canada is not well positioned to leverage heightened immigration to increase GDP per capita owing primarily to weak capital investment and quantity–quality tradeoffs in immigrant selection. We propose a policy rule for defining the optimal level of economic immigration.

如果移民能给加拿大经济带来好处,但必须加以限制才能实现这种好处,那么最佳水平是多少?加拿大政府正在将移民率提高到自 20 世纪 20 年代以来从未达到的水平,希望以此来解决劳动力短缺和经济增长乏力的问题。我们认为,加拿大的经济移民应以提高包括新移民在内的人口的人均国内生产总值为目标,并研究了为实现这一目标而提高加拿大移民率的可能性。我们的分析表明,主要由于资本投资薄弱和移民选择中的数量-质量权衡,加拿大并不具备利用提高移民率来增加人均国内生产总值的条件。我们提出了一个政策规则来确定最佳经济移民水平。
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来源期刊
CiteScore
2.20
自引率
6.20%
发文量
86
期刊介绍: The Canadian Journal of Economics (CJE) is the journal of the Canadian Economics Association (CEA) and is the primary academic economics journal based in Canada. The editors seek to maintain and enhance the position of the CJE as a major, internationally recognized journal and are very receptive to high-quality papers on any economics topic from any source. In addition, the editors recognize the Journal"s role as an important outlet for high-quality empirical papers about the Canadian economy and about Canadian policy issues.
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