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source-library/immigration/economic_growth.md
2020-05-28 00:41:56 -04:00

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## Economic Growth
#### Immigrants greatly benefit the economy, growth, and innovation
* [Oxford: Goldin et al. 18](https://ir.citi.com/FBbeXUKehK94DM2ktog5Yjj4Eh9MKmlJH34Poe7ZhEFhORbQvjK8I1BVlhg%2BCNS4WRzN1yW9UoM%3D)
* Even from a _neoliberal_ perspective, immigration benefits capitalist economies
* **Strong positive effect** on GDP per capita as **75%** of migrants are working age
* Migration increases the rates of **innovation** within a capitalistic economy
* over **40%** of global patent applications are filed by immigrants
* Also increases total worker output by adding workers