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The effects of the 2015 migration crisis on Sweden’s economic growth

Carlsson, Hedda LU (2021) NEKH03 20202
Department of Economics
Abstract
The purpose of this essay is to investigate the effects of the 2015 migration crisis on Sweden’s economic growth and GDP per capita levels, along with the general effects of migration on economic growth in Sweden and the world. Further the possible effects of an employment rate of the migrant labor force equal to that of the native labor force is investigated, and the effect this would have on economic growth. This is examined by on one hand quantifying the effects by calculating Sweden’s future economic growth for six different scenarios with a modified version of the Uzawa-Lucas model, and on the other hand by compiling and analyzing previous research on the topic. It is found that Sweden’s anticipated GDP per capita is higher than it... (More)
The purpose of this essay is to investigate the effects of the 2015 migration crisis on Sweden’s economic growth and GDP per capita levels, along with the general effects of migration on economic growth in Sweden and the world. Further the possible effects of an employment rate of the migrant labor force equal to that of the native labor force is investigated, and the effect this would have on economic growth. This is examined by on one hand quantifying the effects by calculating Sweden’s future economic growth for six different scenarios with a modified version of the Uzawa-Lucas model, and on the other hand by compiling and analyzing previous research on the topic. It is found that Sweden’s anticipated GDP per capita is higher than it would have been without the migration crisis, that a higher employment rate for migrants could increase the GDP per capita further and that migration tends to have a positive effect on economic growth. (Less)
Please use this url to cite or link to this publication:
author
Carlsson, Hedda LU
supervisor
organization
alternative title
Effekter av flyktingkrisen 2015 på Sveriges ekonomiska tillväxt
course
NEKH03 20202
year
type
M2 - Bachelor Degree
subject
keywords
Economic growth, migration crisis, migration, human capital
language
English
id
9039565
date added to LUP
2021-03-11 12:01:09
date last changed
2021-03-11 12:01:09
@misc{9039565,
  abstract     = {{The purpose of this essay is to investigate the effects of the 2015 migration crisis on Sweden’s economic growth and GDP per capita levels, along with the general effects of migration on economic growth in Sweden and the world. Further the possible effects of an employment rate of the migrant labor force equal to that of the native labor force is investigated, and the effect this would have on economic growth. This is examined by on one hand quantifying the effects by calculating Sweden’s future economic growth for six different scenarios with a modified version of the Uzawa-Lucas model, and on the other hand by compiling and analyzing previous research on the topic. It is found that Sweden’s anticipated GDP per capita is higher than it would have been without the migration crisis, that a higher employment rate for migrants could increase the GDP per capita further and that migration tends to have a positive effect on economic growth.}},
  author       = {{Carlsson, Hedda}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{The effects of the 2015 migration crisis on Sweden’s economic growth}},
  year         = {{2021}},
}