Abstract

OGLIETTI, Guillermo. Crecimiento, demografía e inmigración: estimación en datos en panel para la Unión Europea. Estud. soc [online]. 2007, vol.15, n.29, pp.86-115. ISSN 0188-4557.

This research, grounded in a demand-side model of economic growth, propose that inmigration means a growing demand of consumer and capital goods that expands market opportunities and investment, generating a jump in the steady state rate of growth. A panel data applied to 14 european countries, finds a small negative effect of demographics on economic growth, reversed by far due to the large long run positive impact. Moreover, in every estimated especification, inmigration shows a positive but not robust relation with growth.

Keywords : economic growth; population; immigration; keynesian theory; neoclassical theory; panel data; European Union.

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