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An Estimation of the Economic Impact of Migrant Access on GDP: the Case of the Madrid Region

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Abstract

In recent years, the Madrid Region (Comunidad de Madrid) has experienced a huge increase in immigrants accessing the labour market. In this paper, a dynamic input-output exercise is presented, yielding the direct and indirect effects of this migration inflow on the Madrid GDP. In addition, the induced demand effect is estimated, offering a complete estimate framework of the impact of migrant access on regional value added.

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