Migration and business cycles

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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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Document type:: Monograph

Structure type:: Chapter

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

Collection:: Economics Books

INFLUENCE OF ECONOMIC CONDITIONS 205 conclusion that cyclical fluctuations in migratory currents to the United States are determined largely by conditions in this country; for if conditions in Italy were the dominant factor, we should expect the ratio of total emigration going to the United States to show less sensitiveness to economic conditions in the United States. OTHER COUNTRIES OF EMIGRATION For the remaining sources of emigration to the United States, we have not attempted to make statistical comparisons of the kind made for the United Kingdom, Germany, and Italy; but for some of them we have endeavored to trace the effect of exceptionally good or exceptionally poor business or crop conditions upon the concurrent or immediately subsequent volume of emigration. Also, when substantial changes appear in the proportion of total immigra- tion made up by immigrants from the stated country, we have sought to ascertain whether special conditions existed in the coun- try of emigration to which the change might reasonably be at- tributed. This survey is intended to be suggestive rather than exhaustive. The data concerning immigration which are utilized in these comparisons appear largely in Tables 44 and 45 and the accompanying charts (32, 33, 34, 35) in the early part of this chapter; and the statements concerning conditions in the selected countries are based chiefly upon Professor Wesley C. Mitchell's treatise on Business Cycles, and upon the recently published ‘‘Busi- ness Annals” prepared by Dr. Willard L. Thorp, of the Staff of the National Bureau of Economic Research. Sweden. Immigration to the United States from Sweden reached its max- imum with a total of almost sixty-five thousand in the year ending June 30, 1882, but since 1893 the annual inflow of immigrants from that country has exceeded thirty thousand only in the two years ending June 30, 1902, and 1903, respectively. The waves of the cyclical movement in Swedish emigration to the United States since 1870 have coincided substantially with the alternations of prosperity and depression in the United States, that is, with a slump following 1873, another in the middle eighties, a minor de- cline in the years ending June 30, 1889 and 1890, a marked decline in the nineties beginning with the depression of 1893-1894, and further slumps in the years ending June 30, 1904, 1908, and 1912.

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