Chernobay, L., Yessirkepova, A., & Malibroda, S.
(2021).
Estimation of labor migration impact on the economy of sending country.
Economics, Entrepreneurship, Management,
8(2),
1-7.
https://doi.org/10.23939/eem2021.02.001
Article
Estimation of labor migration impact on the economy of sending country
Abstract
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
Keywords
international migration, labor emigration, impact estimation, GDP, consumption, saving
Received 20.07.2021, Revised 10.09.2021, Accepted 19.11.2021
Retrieved from Vol. 8, No. 2, 2021
Suggested citation
https://doi.org/10.23939/eem2021.02.001
Pages 1-7
References
References in the process of publication