Affiliation:
1. Anna Maria Mayda is a Professor at Georgetown University and a Research Fellow at the Center for Economic and Policy Research (CEPR). Francesc Ortega is the Dina Axelrad Perry Professor in Economics at Queens College CUNY. Giovanni Peri is a Professor of Economics at the University of California, Davis and a Research Associate at the National Bureau of Economic Reform (NBER). Kevin Shih is an Assistant Professor of Economics at Queens College CUNY. Chad Sparber is the W. Bradford Wiley Chair in...
Abstract
The H-1B visa program allows companies to hire skilled foreign workers. Before 2014, the vast majority of these visas were allocated on a first-come-first-served basis. Since then, the program has been severely oversubscribed and all cap-subject visas have been allocated through lotteries. The authors merged Compustat data with administrative firm-level data on the universe of approved petitions for H-1B visas. Using difference-in-differences and matching estimators, this article finds that the switch in the visa allocation system negatively affected the growth of companies that used the H-1B program. Results indicate that these effects are quantitatively large and that their magnitudes grow over time.
Funder
National Science Foundation
Subject
Management of Technology and Innovation,Organizational Behavior and Human Resource Management,Strategy and Management
Reference21 articles.
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