Dispersal-induced growth (DIG) occurs when two populations with time-varying growth rates, each of which, when isolated, would become extinct, are able to persist and grow exponentially when dispersal among the two populations is present. This work provides a mathematical exploration of this surprising phenomenon, in the context of a deterministic model with periodic variation of growth rates, and characterizes the factors which are important in generating the DIG effect and the corresponding conditions on the parameters involved.