Modelling the Impact of International Migration on Economic Development of a Country: Case Study of Ukraine
Modelling the Impact of International Migration on Economic Development of a Country: Case Study of Ukraine
Author(s): Viktoriia Adamyk, Liana Chernobay, Oleh Kuz'min, Svyatoslav MalibrodaSubject(s): Economic development, Migration Studies
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: migration and development; migration impact; migration effect; modelling;
Summary/Abstract: The article presents an attempt to combine some of the links between migration and development into a model to evaluate the influence of migration on economy of sending and receiving countries and then define the factors of this kind of an influence. Developed model describes the migration influence on GDP, consumption, budget revenues and expenses, current account balance receipts and expenditures, labor force, unemployment rate. Calculation methodology with limitation for use is provided. The end of the article presents the results of calculations for Ukraine as the sending country according to the proposed model during 2010 – 2015.
Journal: Ekonomický časopis
- Issue Year: 68/2020
- Issue No: 01
- Page Range: 33-54
- Page Count: 22
- Language: English