Causes and Economic Effects of Migration Flows - an Overview (original) (raw)

Impact of Migration upon a Receiving Country’s Economic Development

The AMFITEATRU ECONOMIC journal, 2017

Economic growth regarded as a mechanism to ensure a long-term balance through the optimal use of available resources, through the development of innovative potential, the creation and development of instruments generating economic growth and also an adequate distribution of income is influenced by many factors, including migration. This paper aims at highlighting the effects of migration upon the economic development of EU Member State receiving countries, starting from economic and social facts indicating a migration phenomenon that is ever increasing. In this regard, it has been thought appropriate to perform an analysis on how the migration phenomenon is perceived and an empirical study on the economic impact o f migration on receiving countries of the European Union. Thus, a linear model has been used with panel data with specific fixed effects for cross section units, and the database has been made up of the values recorded for GDP per capita influence factors in the 28 EU Memb...

The economic impact of migration: A survey

Department of …, 2003

This survey reviews both theoretical and empirical papers that examine the economic effects of labour mobility with a particular reference to intra-European migration. We address three broad sets of issues: firstly, the effect that immigration has on the host country's labour market. Although the possible adverse effects that immigration can have on the wage and employment levels of natives are typically examined, immigration may also have a role to play in raising skill levels. This leads to the second broad issue: the effect of migration of a particular skill composition on the long-term (endogenous) growth of the host country. Finally, immigration can have a major economic impact on the source country. These effects can either be positive or negative depending on the interplay between the effects of growth, remittances and the brain drain.

The economic impact of migration in the Era of Globalization

Proceedings of the International Conference on Applied Statistics

The phenomenon of globalization has greatly influenced migration in recent years in the European Union. In this article we aim to analyze the benefits of migration in the economy by emphasizing the impact of remittances on the economic development of a country. Remittances are considered as an external source of important, stable funds that help the economic development of a country. We identify also the macroeconomic determinants of remittances. For the statistical and econometric analysis of these factors, we have chosen to use the Panel Data Regression for the countries of the European Union. To analyze the benefits of remittances, the most appropriate macroeconomic indicator is GDP. So in the first part of the article we will present the impact of globalization and migration on remittances, and in the second part we will highlight the economic growth through the presence of remittances. This article examines the role of migrants as a particular segment of the market and as a res...

Is Migration Good for an Economy? A Survey of the Main Economic Effects

Journal for Markets and Ethics

This article surveys the main effects of labor migration between two countries. Against the background of high immigration to industrialized countries in recent years, notably to countries in Europe, the focus of the discussion is on the host country of the migrants. In the standard model of labor migration, there are overall benefits when wage differentials trigger labor migration. However, in the presence of externalities and deviations from the basic assumptions, the results can be significantly different.

Migration as a source of growth: The perspective of a developing country

Journal of Population Economics, 2003

This paper analyses the dynamics of migratory flows and growth in a developing economy. We show that when workers freely choose their location, some natives can rationally decide to return to their home country after they have accumulated a certain amount of knowledge abroad, while some prefer to stay permanently in the same economy (either at home or abroad). We point out that worker mobility can have an expansionary effect on the developing economy. Moreover, we show that in the long-run, as the sending economy develops, fewer natives are likely to emigrate and more migrants are likely to return.

An approach to modelling the impact of international migration on the economy of receiving country

Economics, Entrepreneurship, Management, 2019

Being an objective element of the global economic system, international migration produces a significant impact on the performance of individual countries nowadays. The economic impact of international migration is driven by various factors, primarily the type of international migration (labour migration, refugee migration, family migration, or student migration) and the legislation of a receiving country which determines the ability of international migrants to interact with the host country's economy and to produce the respective impact. The hypothesis of this study builds on the premise that legislation of the receiving country determines the "capabilities of migrants", that is a set of actions that can be performed by an international migrant on the territory of receiving country, the consequences of which will produce an impact on the economy of receiving country. We identified the following capabilities: the ability to enter and stay in the country; the ability to be employed; the ability to obtain social protection, education and citizenship; the ability to own and dispose of property. Capabilities are not firmly attached to particular types of international migration. For example, the capability to be employed is associated with such types of migrants as labour migrants, refugees, family and other migrants, depending on the country. The influence of international migrants on the economy of receiving country is determined not by the type of migration, but by the combination of actual capabilities that correspond to certain types of migration. We found

Migration and Economic Impacts: Pros & Cons

Journal of Economics and Sustainable Development, 2014

Economic integration GLOBALLY has proceeded rapidly over the last two decades. But the situation has been very different across this dimensions-immigration, trade, capital movements. The barriers to immigration have always remained higher i. Part as a result, much less is known about the impacts of illegal or legal migration than the other dimensions, and specifically about the impact, both on receiving and sending countries, of lowering barriers to the movement of people, particularly those moving from very poor to rich countries. The aim of this short discussion paper is to review the recent studies, and gaps in knowledge, concerning the economic impact of migration liberalisation, and to suggest some potential implications for policy and some solutions-decisions in the near future. Globalisation, Migration and TRADE Classical economic theory shows that international trade labour movements can substitute each other rather than being complements ii. Under perfect conditions labour could either export labour-intensive manufactured goods or migrate and produce the goods in the destination country. When trade flows freely, prices of identical factors are equalised and there is no incentive for labour (or capital) to move across borders.

Migration as a Driver of Economic Growth: Increasing Productivity and Filling the Labor Gaps

Immigration Lab Reports, 2024

It is safe to say that remittances from the U.S. represent only between 4% and 9% of the revenues that employers and firms in the United States generate thanks to the labor of the immigrants who remit. This is an underestimate of immigrants' impact on the economy because not all immigrants send remittances in cash through formal channels; those who are long-established in the U.S. and who have been able to benefit from family reunification, are less likely to remit, as are refugees and asylum seekers who may not have surviving family in their country of origin.