Researcher ORCID Identifier

https://orcid.org/0000-0003-1196-9135

Graduation Year

2023

Date of Submission

12-2022

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Angela Vossmeyer

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Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 2022 Jayaditya S Maliye

Abstract

This thesis examines the relationship between Indian firm performance and the demand for H1B visas in the US. To test this relationship, a fixed effects model has been used on a panel dataset of 104 Indian firms listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) over the period 2009 to 2021. The results show that an increase in H1B visa demand is negatively and significantly associated with Indian firm performance. These findings suggest that the US’s demand for high skilled labor overseas has consequences for firms in the home country.

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