Modelling the Impact of International Migration on Economic Development of a Country: Case Study of Ukraine

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...

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Bibliographic Details
Published in:Ekonomický časopis 2020, Vol.68 (1), p.33-54
Main Authors: Adamyk, Viktoriia, Chernobay, Liana, Kuz'min, Oleh, Malibroda, Svyatoslav
Format: Article
Language:English
Subjects:
Consumption
Economic conditions
Economic development
Emigration
Expenditures
GDP
Gross Domestic Product
Inventors
Labor force
Labor market
Migration
Migration Studies
Noncitizens
Propensity to consume
Remittances
Unemployment
Wages & salaries
Workers
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Summary: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.
ISSN:0013-3035