How Immigrants Create More Jobs

http://www.nytimes.com/2010/10/31/business/economy/31view.html

Evidence is growing that immigration encourages more business activity.
IN the campaign season now drawing to a close, immigration and globalization have often been described as economic threats. The truth, however, is more complex. 

Over all, it turns out that the continuing arrival of immigrants to American shores is encouraging business activity here, thereby producing more jobs, according to a new study. Its authors argue that the easier it is to find cheap immigrant labor at home, the less likely that production will relocate offshore.

The study, “Immigration, Offshoring and American Jobs,” was written by two economics professors — Gianmarco I. P. Ottaviano of Bocconi University in Italy and Giovanni Peri of the University of California, Davis — along with Greg C. Wright, a Ph.D. candidate at Davis.

Read more of this articel by Tyler Cowen.

Topics: Building Community, Business, Economics, Immigrants, Work