00000nam 2200000za 4500 9.847798 CaOODSP 20221107153525 cr ||||||||||| 171127s2017 oncb #ob f000 0 eng d CaOODSP eng eng fre n-cn--- n-us--- FB3-5/2017-49E-PDF Steingress, Walter. The causal impact of migration on US trade [electronic resource] : evidence from political refugees / by Walter Steingress. Ottawa : Bank of Canada, 2017. ii, 33 p. : maps Bank of Canada staff working paper, 1701-9397 ; 2017-49 "November 2017." Includes bibliographical references. "Immigrants can increase international trade by shifting preferences towards the goods of their country of origin and by reducing bilateral transaction costs. Using geographical variation across U.S. states for the period 2008 to 2013, I estimate the respective causal impact of immigrants on U.S. exports and imports. I address endogeneity and reverse causality by exploiting the exogenous allocation of political refugees within the U.S. refugee resettlement program that prevents immigrants from choosing the destination location. I find that a 10 percent increase in recent immigrants to a U.S. state raises imports from those immigrants’ country of origin by 1.2 percent and exports by 0.8 percent."--Abstract, p. ii. Text in English, abstract in English and French. gccst Trade gccst Migration gccst Refugees Bank of Canada. Staff working paper (Bank of Canada) 1701-9397 ; 2017-49. (CaOODSP)9.806221 PDF 697 KB https://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-5-2017-49-eng.pdf