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Titel
Does low skilled immigration increase profits? Evidence from Italian local labour markets / Giorgio Brunello (University of Padova, Cesifo, ROA and IZA), Elisabetta Lodigiani (University of Padova and LdA), Lorenzo Rocco (University of Padova and IZA) ; IZA Institute of Labor Economics
VerfasserBrunello, Giorgio ; Lodigiani, Elisabetta ; Rocco, Lorenzo
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, March 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (46 Seiten) : Karten
SerieDiscussion paper ; no. 12226
URNurn:nbn:de:hbz:5:2-184222 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Does low skilled immigration increase profits? Evidence from Italian local labour markets [1.57 mb]
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Zusammenfassung (Englisch)

We estimate the (causal) effects of low skill immigration on the performance of Italian manufacturing firms. We find that an increase of the local supply of low skilled immigrants by one thousand units - which corresponds to 8.5 percent of the mean value - raises profits on average by somewhat less than half a percentage point, reduces average labour costs by about 0.1 percent and has no effect on TFP. The positive effects on profits are larger for small firms operating in low tech sectors and for firms located in areas specializing in low skill productions. Our evidence suggests that the recent waves of low skilled immigration in Italy may have hampered the transition to an economic structure characterized by high productivity and wage growth.