source-library/immigration/economic_growth.md

Economic Growth

Immigrants greatly benefit the economy, growth, and innovation

• Oxford: Goldin et al. 18
  • 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