Estimation of labor migration impact on the economy of sending country
Autor: | L. Chernobay, A. Yessirkepova, S. Malibroda |
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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 |
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