Prior literature on the economic impact of immigration has largely ignored changes to the composition of labor demand ….S. local industries. High-productivity establishments are more likely to enter and less likely to exit in high immigration … environments, whereas low-productivity establishments are more likely to exit. These dynamics result in productivity growth. A …

deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the … ; Institutions ; Firm growth ; Economic dynamism …

years old) have, on average, accounted for all of US employment growth over the past few decades. New businesses are …