Migration and business cycles

Bibliographic data

Monograph

Identifikator:: 1736236210

URN:: urn:nbn:de:zbw-retromon-111544

Document type:: Monograph

Author:: Jerome, Harry

Title:: Migration and business cycles

Place of publication:: New York

Publisher:: National Bureau of Economic Research

Year of publication:: 1926

Scope:: 256 S.

Digitisation:: 2020

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter VIII. The influence of economic conditions in the countries of emigration

Collection:: Economics Books

Li MIGRATION AND BUSINESS CYCLES one-tenth or more, good crops are reported for only two of the preceding years, fair for three, and poor for two. However, in three instances (1894, 1897, and 1910) in which poor crops or agricultural depression are recorded, there is no substantial increase in the immigration ratio for the following fiscal year. So again, we reach the conclusion that while there may be a slight tendency for poor crops to stimulate unusual emigration from Italy, and vice versa, it cannot be said to be a pronounced tendency. Comparisons with Pig Iron Production in the United States. Taking into account the general upward trend in the fraction of total immigration represented by the number of immigrants from Italy, the movements in this ratio which particularly challenge explanation are the declines or low points in 1875, 1880 and 1881, 1884 and 1885, 1889, 1892, 1894 and 1895, 1900, 1904 and 1905, 1908, and 1912 (Chart 35, p. 160). ~ It will be noted that in most of these instances, a relatively low immigration from Italy—low relative to total immigration—coin- cides with or immediately follows more o1 less marked periods of industrial depression, or at least of slackening activity, in the United States. This frequent coincidence between industrial de- pression and relatively low immigration from Italy suggests that Italian immigration is unusually sensitive to industrial conditions in the United States. Emigration to Countries other than the United States. Emigration from Italy was large long before the movement of Italian emigrants to the United States reached a substantial volume. In each year prior to the eighties, emigration to the United States was less than ten per cent of the total emigration to transoceanic countries, Europe, and the Mediterranean countries.> In the eighties and nineties, it only occasionally amounted to over twenty per cent of the total. But from 1900 to 1914, the proportion going to the United States ranged from 23 to 45 per cent. As a rule, this ratio was relatively high, as compared with the immediately preceding and succeeding years, in prosperous years in the United States, such as 1903 and 1906, and relatively low in the periods marked by depression tendencies, namely, 1901, 1904, 1908, and 1911. This fact adds some additional weight to the evidence supporting the Based upon the statistics of emigration published by the Director General of Sta- tistics, Italy. Cor.

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