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CMC Senior Theses

Theses/Dissertations

Industry

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The Economic Impact Of H1b Visa Approvals On Industry Specific Gdp, Tarika Dorairaj Jan 2023

The Economic Impact Of H1b Visa Approvals On Industry Specific Gdp, Tarika Dorairaj

CMC Senior Theses

This thesis examines the relationship between H1B visa approvals by industry and industry-specific GDP in the U.S. To example the economic impact of H1B visa approvals, a fixed effects model has been used on a panel dataset comprising of the top 10 employers in each NAICS industry, over the period 2010 to 2022. The results indicate that an increase in Industry H1B visa approvals is associated with a significant and positive increase in Industry GDP. In particular, an increase in H1B approvals in Finance and Insurance, Healthcare, Information, Professional, Scientific and Technical Services, and Real Estate have a positive and …