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MODELLING THE IMPACT OF INTERNATIONAL MIGRATION ON ECONOMIC DEVELOPMENT OF A COUNTRY: CASE STUDY OF UKRAINE

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Adamyk V., Chernobay L., Kuzmin O., Malibroda S.
Ekonomický časopis (Journal of Economics)
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2020
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vol. 68
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issue 1
33 – 54
EN
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, labour 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.
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