WP: The Grecian Horse II

Borrador, junto a “Alex” Padilla de The Grecian Horse. En esta serie de papers estudiamos si los inmigrantes importan “mala” instituciones a los Estados Unidos de sus países de origen.

Abstract

In recent years, in response to an increasing literature pointing to the economic deadweight loss associated with immigration restrictions, a literature has emerged pointing to the negative economic repercussions on economic growth would increasing immigration from countries with poor institutions have on the quality of the host country’s institutions when these immigrants import their institutions into their host countries (Borjas, 2014, 2015). Since then economists have attempted to test whether immigrants have a negative impact on their host country’s institutions (Clark et al., 2015; Powell, Nowrasteh, and Clark, 2017; Padilla and Cachanosky, 2018). This paper builds on Padilla and Cachanosky (2018) and examines how immigrants grouped according to the Economic Freedom of the World quartile their country of origin was ranked at time of the census may impact the economic institutions of the states as measured by Economic Freedom of North America index. Our results show that, in the short run, we do observe that the relationship between migrants originating from countries with poor economic institutions and economic freedom is negative, but, in the longer run, that relationship becomes positive, particularly, in the area of labor market freedom. On the other hand, in the longer run, the relationship between migrants coming from most economically free countries and economic freedom is negative. Our results are robust to various specifications.

Acceder al paper en SSRN.

WP: The Grecian Horse (Does Immigration Lead to the Deterioration of American Institutions?)

Si bien existe cierto consenso sobre los beneficios económicos de la libre inmigración, una de las objeciones mas importantes es de hecho cultural. Borjas, por ejemplo, argumenta que una fuerte inmigración (a Estados Unidos) puede afectar sus instituciones produciendo un perjuicio económico.

Junto a Alexandre Padilla estudiamos el efecto de stock y flujo de inmigrantes en los grados de liberad económica de los distinto estados dentro de Estados Unidos. En el estudio no encontramos evidencia de que ni el stock ni flujo de inmigrantes estén correlacionados con un deterioro en las libertades económicas. Debajo se encuentra el link al borrador del articulo, cuya versión final saldrá publicado en el journal Public Choice.

Concerns about the institutional impact of immigration, particularly, in the United States, are not new. We can trace them all the way back to Thomas Jefferson and Alexander Hamilton. More recently, in response to a literature that questions the efficiency of current immigration restrictions, Borjas (2015) expresses similar concerns about the institutional impact of immigrants coming from countries with poor institutions. Using economic freedom as proxy for institutional quality of the American states since 1980, using several estimation techniques and control variables, our results show that concerns about the institutional impact of immigrants are so far not supported.

Acceder al articulo en SSRN.

WP: The Grecian Horse: Does Immigration Lead to the Deterioration of American Institutions?

Paper con Alexandre Padilla donde estudiamos cuál es el impacto (si es que lo hay) de los extranjeros en Estados Unidos. Sucede, como sostiene Borjas, que los inmigrantes traen consigo “malas” institutiones que pueden dañar el desempeño económico y social del país anfitrion?

Concerns about the institutional impact of immigration, particularly, in the United States, are not new. We can trace them all the way back to Thomas Jefferson and Alexander Hamilton. More recently, in response to a literature that questions the efficiency of current immigration restrictions, Borjas (2015) expresses similar concerns about the institutional impact of immigrants coming from countries with poor institutions. Using economic freedom as proxy for institutional quality of the American states since 1980, using several estimation techniques and control variables, our results show that concerns about the institutional impact of immigrants are so far not supported.

Bajar el paper de SSRN.