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Social Sciences
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Research Paper
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English (U.S.)
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Topic:
Economic Impacts of immigration's to USA. Output and Economic Growth
Research Paper Instructions:
Hello,
can you please try not to use book sources. it is better to use sources where the professor is allow to check without no issue. Also, when you use quote from an article can you put the name of the arcticle and use qoutation marks so it can be easier to indentify. Thank you for your time.
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"Projects are to be a minimum of six pages, typed, double space, 12-point font with one-inch margin and follow MLA. A work cited page and proper documentation of sources. No late work is accepted as all work is due by 11.59 PM."
Research Paper Sample Content Preview:
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Economic Impacts of Immigrations to the United States of America
The United States has been for a long time regarded as the land of opportunities to the extent of formulating the notion of the American dream. This ‘dream' upholds that when one lives in this nation, they are bound to prosper and experience upward mobility. This perception combined with the fact that it is the world's largest economy has established significant attention among the global population with the country having to deal with the many immigrants lately. The number of immigrants has risen exponentially over recent years. Studies indicate that in 2013, these groups formed 13% of the U.S population. This figure represents a rise from the original 3% in 1970 (Penn Wharton University of Pennsylvania). Consequently, various stakeholders have voiced economic concerns in regards to the immigrants. The immigrants have been accused of lowering wages for the existing workers in the economy. Besides, immigrants are perceived as setbacks to the progress of the economy as they fail to assimilate to the economy effectively (Abramitzky and Boustan 1). However, some of these are myths and misconceptions meant to increase fear among the natives and thus, advocate for legislation that limits their presence in the U.S.A. However, there is no doubt that they are influential in the direction of the economy in regards to its growth, productivity, and employment and this influence could either be positively or negatively.
Output and Economic Growth
Farther from the ordinary line of thought that they are a burden to the economy, immigrants are central to a greater economic output and facilitate the growth of the economy even faster. Immigrants increase the number of workers and hence, advance the productive capacity available to the country. According to Blau and Mackie (215), immigrants contribute approximately $2 trillion of the total gross domestic product (GDP), which is equivalent to 11% of the GDP. The same authors continue to state that unauthorized immigrants are important in this cause despite the legal presuppositions as they account for 2.6% of the GDP. These results indicate the immense atrocity directed towards these individuals particularly from the present regime headed by President Trump is misguided. In this regard, allowing more immigrants is a straightforward pathway to increased annual GDP growth. On the other hand, revoking their presence by deporting or removing them from the country would lower the annual GDP growth by 0.27% points over the next decade (Penn Wharton University of Pennsylvania). However, it is also necessary that the output and economic growth are discussed from a short- and long-term aspect.
Immigrants are a group of workers with a significant impact over the short and long run of economic progress. The abrupt increase or decrease of these individuals in the economy is bound to disrupt the short run. When the number rises, the infrastructure is overwhelmed considerably as it is rarely constructed to meet the large masses’ needs. Besides, there is a possible downward pressure on wages particularly, for the natives who may feel disadvantaged. This situation could remain in this state until technology or capital usage can adjust to meet these variants (Borjas 17). On the other hand, an abrupt decrease could result in challenges in the human resource department as staffing needs increase. Moreover, there could be an underutilization of the available resources such as housing that rely on people for residency purposes. Immigrants are crucial to economic growth and even more because they are not perfectly interchangeable with the natives. They bring a unique mix of skills, different from those of the natives and thus, improve the quality of the workforce. This quality determines the level of innovation in the economy. Moreover, they are customers who establish demand for commodities, which is a process that contributes to economic growth.
Wages
Much controversy associated with immigrants has banked on their adverse effect on the wages. There is no doubt that they increase the number of workers available and economic output. On the other hand, there lies no concrete assertion that they contribute to decreased wages for some natives laborers. However, there are usually expectations that the low-skilled people are bound to feel the heat. This assertion arises as there is an unexpected increased supply of low-skilled foreign workers. Most immigrants are low-skilled and at times, even worse than the low-skilled natives.
On the other hand, there are possible counter-measures to this assertion. For instance, production enterprises could opt to advance their operations to accommodate more workers and hence, have enhanced output. This strategy is perfectly applicable in the long-term and business units will opt to adjust technology and capital to cater to these changes. They do this conscious of the skillset of the locals and immigrants. Despite the prevalence of the same educational background between the two categories of individuals, foreigners might be imperfect substitutes.
There is a possibility that these conclusions are diluted observing them from a national perspective because unemployment is uneven and workers will rearrange themselves according to the opportunities available nationwide. For instance, Latinos will resp...
Institutional Affiliation
Course Code/Title
Instructor
Date
Economic Impacts of Immigrations to the United States of America
The United States has been for a long time regarded as the land of opportunities to the extent of formulating the notion of the American dream. This ‘dream' upholds that when one lives in this nation, they are bound to prosper and experience upward mobility. This perception combined with the fact that it is the world's largest economy has established significant attention among the global population with the country having to deal with the many immigrants lately. The number of immigrants has risen exponentially over recent years. Studies indicate that in 2013, these groups formed 13% of the U.S population. This figure represents a rise from the original 3% in 1970 (Penn Wharton University of Pennsylvania). Consequently, various stakeholders have voiced economic concerns in regards to the immigrants. The immigrants have been accused of lowering wages for the existing workers in the economy. Besides, immigrants are perceived as setbacks to the progress of the economy as they fail to assimilate to the economy effectively (Abramitzky and Boustan 1). However, some of these are myths and misconceptions meant to increase fear among the natives and thus, advocate for legislation that limits their presence in the U.S.A. However, there is no doubt that they are influential in the direction of the economy in regards to its growth, productivity, and employment and this influence could either be positively or negatively.
Output and Economic Growth
Farther from the ordinary line of thought that they are a burden to the economy, immigrants are central to a greater economic output and facilitate the growth of the economy even faster. Immigrants increase the number of workers and hence, advance the productive capacity available to the country. According to Blau and Mackie (215), immigrants contribute approximately $2 trillion of the total gross domestic product (GDP), which is equivalent to 11% of the GDP. The same authors continue to state that unauthorized immigrants are important in this cause despite the legal presuppositions as they account for 2.6% of the GDP. These results indicate the immense atrocity directed towards these individuals particularly from the present regime headed by President Trump is misguided. In this regard, allowing more immigrants is a straightforward pathway to increased annual GDP growth. On the other hand, revoking their presence by deporting or removing them from the country would lower the annual GDP growth by 0.27% points over the next decade (Penn Wharton University of Pennsylvania). However, it is also necessary that the output and economic growth are discussed from a short- and long-term aspect.
Immigrants are a group of workers with a significant impact over the short and long run of economic progress. The abrupt increase or decrease of these individuals in the economy is bound to disrupt the short run. When the number rises, the infrastructure is overwhelmed considerably as it is rarely constructed to meet the large masses’ needs. Besides, there is a possible downward pressure on wages particularly, for the natives who may feel disadvantaged. This situation could remain in this state until technology or capital usage can adjust to meet these variants (Borjas 17). On the other hand, an abrupt decrease could result in challenges in the human resource department as staffing needs increase. Moreover, there could be an underutilization of the available resources such as housing that rely on people for residency purposes. Immigrants are crucial to economic growth and even more because they are not perfectly interchangeable with the natives. They bring a unique mix of skills, different from those of the natives and thus, improve the quality of the workforce. This quality determines the level of innovation in the economy. Moreover, they are customers who establish demand for commodities, which is a process that contributes to economic growth.
Wages
Much controversy associated with immigrants has banked on their adverse effect on the wages. There is no doubt that they increase the number of workers available and economic output. On the other hand, there lies no concrete assertion that they contribute to decreased wages for some natives laborers. However, there are usually expectations that the low-skilled people are bound to feel the heat. This assertion arises as there is an unexpected increased supply of low-skilled foreign workers. Most immigrants are low-skilled and at times, even worse than the low-skilled natives.
On the other hand, there are possible counter-measures to this assertion. For instance, production enterprises could opt to advance their operations to accommodate more workers and hence, have enhanced output. This strategy is perfectly applicable in the long-term and business units will opt to adjust technology and capital to cater to these changes. They do this conscious of the skillset of the locals and immigrants. Despite the prevalence of the same educational background between the two categories of individuals, foreigners might be imperfect substitutes.
There is a possibility that these conclusions are diluted observing them from a national perspective because unemployment is uneven and workers will rearrange themselves according to the opportunities available nationwide. For instance, Latinos will resp...
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