Figure 9.1: Effects of immigration on the housing market

Figure 9.1: Effects of immigration on the housing market

Figure 9.1: Effects of immigration on the housing market
Price
Price
S
S
P’
P’
P
P
D’
D’
D
D
QQ’
(a) Inelastic supply
Quantity
Q
Q’
Quantity
(b) Elastic supply
The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015
Figure 9.2: Housing market in the destination when natives
respond to immigration by moving out of the area
Price
S
P’
P”
P
D’
D”
D
Q Q” Q’
Quantity
The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015
Figure 9.3: Market for landscaping services with immigration
Price
S
S’
P
P’
D
Q
Q’
Quantity
The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015
Figure 9.4: Market for ethnic food with immigration
Price
S
S’
P
D’
D
Q
Q’
Quantity
The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015
Figure 9.5: Various channels of how immigration affects national
income
Housing
Prices of
products
Product variety
and diversity
Immigration
International
trade
National
income
Financial
markets
Capital
Innovation and
productivity
The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015
Figure 9.6: Solow growth model
Output per
worker, y
y=Af(k)
Capital per worker, k
The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015
Figure 9.7: Solow growth model steady state
Output,
investment
and savings
per worker,
y, i and s
i=(n+d)k
y=Af(k)
s=λAf(k)
k*
Capital per worker, k
The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015
Figure 9.8: Solow growth model with population growth and TFP
increase
i,s
i,s
i’
i
i
s’
s
k*’
k*
(a) Increase in population growth
k
s
k*
k**’
k
(b) Increase in total factor productivity
The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015