In this paper, we study gains and losses that accrue to natives because of immigration. The gain on the aggregated level is called the 'immigration surplus', which can be seen as analogous to a consumer surplus. We derive changes in the earnings of native owners of production factors by...

This paper develops a simple framework to estimate the parameters of the production function together with the elasticity of the demand for the output and the impact of demand and cost shifters. The use of this framework helps, in the first place, to treat successfully the difficult problem of...