Estimation of labor migration impact on the economy of sending country

Autor: L. Chernobay, A. Yessirkepova, S. Malibroda
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: Economics, Entrepreneurship, Management, Vol 8, Iss 2, Pp 1-7 (2021)
Druh dokumentu: article
ISSN: 2312-3435
2413-7634
DOI: 10.23939/eem2021.02.001
Popis: This paper provides a theoretical framework for estimating the labor migration impact on the economy of sending country. The overall emigration impact includes two effects, which can be calculated separately, i.e., a departure effect and a remittances effect. The departure effect causes a negative impact on the economy by decreasing autonomous consumption. The remittances effect causes a positive impact by increasing disposable income and thus internal consumption and savings and imports. Calculations include the multiplier effect. The labor emigration impact on GDP is calculated as a difference between a positive remittances effect and a negative departure effect. The analysis is conducted for countries that are not at full employment
Databáze: Directory of Open Access Journals