The Effects of High-Skilled Immigration Policy on Firms: Evidence from Visa Lotteries

• 成果类型: Article
• 署名作者: Doran, Kirk; Gelber, Alexander; Isen, Adam
• 署名单位: University of Notre Dame; IZA Institute Labor Economics; University of California System; University of California San Diego; National Bureau of Economic Research; United States Department of the Treasury
• 刊物名称: JOURNAL OF POLITICAL ECONOMY
• ISSN/ISSBN: 0022-3808
• DOI: 10.1086/720467
• 发表日期: 2022
• 页码: 2501-2533
• 关键词: impact; MARKET; PRODUCTIVITY; INNOVATION; EMPLOYMENT; migration

摘要

We compare winning and losing firms in lotteries for H-1B visas, matching administrative data on these lotteries to administrative tax data on US firms and to approved US patents. Winning one additional H-1B visa crowds out about 1.5 other workers at the firm. Additional H-1Bs have insignificant and at most modest effects on firm innovation. More general evidence from the universe of US firms and the universe of H-1B visas using alternative estimation strategies is consistent with these results. Firms that hire H-1Bs grow faster and innovate more because they are different in other ways from firms that do not.