Economic, Demographic, and Fiscal Effects of Immigration

 

The New Americans: Economic, Demographic, and Fiscal Effects of Immigration

From Wikipedia, the free encyclopedia

The New Americans: Economic, Demographic, and Fiscal Effects of Immigration is a 1997 study on the demographic, economic, and fiscal consequences of immigration to the United States by the National Research Council (NRC) of the National Academy of Sciences The NRC report found that although immigrants, especially those from Latin America, were a net cost in terms of taxes paid versus social services received, overall immigration was a net economic gain due to an increase in pay for higher-skilled workers, lower prices for goods and services produced by immigrant labor, and more efficiency and lower wages for some owners of capital. The report also notes that although immigrant workers compete with domestic workers for some low skilled jobs, some immigrants specialize in activities that otherwise would not exist in an area, and thus are performing services that otherwise would not exist, and thus can be beneficial for all domestic residents.  The U.S. Census Bureau's  Survey of Business Owners: Hispanic-Owned Firms: 2002 indicated that the number of Hispanic-owned businesses in the United States grew to nearly 1.6 million in 2002. Those Hispanic-owned businesses generated about $222 billion in revenue.^[3] The report notes that the burden of poor immigrants is not born equally among states, and is most heavy in California.^[4]
On the poor end of the spectrum, the "New Americans" report found that low-skill low wage immigration does not, on aggregate, lower the wages of most domestic workers.

Click to see more of this article from Wikipedia