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The Participation of Migrants in the Greek Economy: An Input-Output Analysis

DIMITRIS KERAMIDAS, CHARALAMBOS ECONOMIDIS & NIKOS STROMPLOS

This paper presents an effort to estimate the participation of migrants in the Greek Economy with the help of the Input-Output Analysis. Several characteristics were estimated, relating mainly to the number, income, expenditure, savings and investments of migrants, along with the corresponding data for Greeks. The study reveals some aspects about the economic status of migrants in terms of consumption patterns, compared to that of Greeks, and their distance from the poverty threshold. Moreover, within the context of the Social Accounting Matrix (SAM) model, we split the household column for the year 2005 into two sub-columns, one for migrants and one for Greek households. The general conclusion of the paper is that migrants make a positive contribution to the Greek economy, mainly through their contribution to production.