Economic Implications of Foreign Immigration

Authors

  • Mitchell Wang

DOI:

https://doi.org/10.54097/jz13hc70

Keywords:

immigrants, migrational trends, Ordinary Least Squares (OLS) regression.

Abstract

Immigrants influence the socio-economic conditions of communities, consistently impacting the economy and the social structure of regions. This study investigates the economic effects of Chinese immigrants in the United States. Using Ordinary Least Squares (OLS) regression models, this study examines the correlation between immigrant inflow and median income and predicts future migrational trends. Two models are employed: one analyzes the relationship between Chinese immigrant inflow and median income, and the other predicts migrational trends by generating a lagged variable. The results demonstrate a positive correlation between immigrant inflow and median income, as well as an upward trend in Chinese immigration, showing the growth in the influence of these individuals on the United States economy.

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References

[1] Ries, L. (2020). President Trump and Joe Biden: Comparing Immigration Policies. The Heritage Foundation. Retrieved from.

[2] Coniglio, N. D. (2003). Migropolis: migration networks and formation of ethnic clusters in cities.

[3] Li, W. (1998). Anatomy of a new ethnic settlement: The Chinese ethnoburb in Los Angeles. Urban Studies, 35(3), 479-501.

[4] Card, D., Dustmann, C., & Preston, I. (2012). IMMIGRATION, WAGES, AND COMPOSITIONAL AMENITIES. Journal of the European Economic Association, 10(1), 78–119. http://www.jstor.org/stable/41426725

[5] Nowrasteh, A., & Forrester, A. C. (2020). How U.S. Travel Restrictions on China Affected the Spread of COVID-19 in the United States. Cato Institute. http://www.jstor.org/stable/resrep24847

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Published

05-12-2024

How to Cite

Wang, M. (2024). Economic Implications of Foreign Immigration. Highlights in Business, Economics and Management, 43, 57-62. https://doi.org/10.54097/jz13hc70