摘要:This paper analyses the relationship between immigration and the economic growth in
Germany and Switzerland during the period 1970-2005 by using a cointegration approach. Both
countries have gone through a similar learning process. First they encouraged low-skilled and
temporary workers. More recently, they have attracted high-skilled people and restricted the
recruitment of low-skilled immigrants. Our empirical analysis reveals important differences
between Germany and Switzerland. The results may be useful for other countries that attract
immigrants to compensate for shortages in the labour market and in response to the ageing of the
population.