(Видавництво Львівської політехніки, 2021-03-01) Chernobay, L.; Yessirkepova, A.; Malibroda, S.; Lviv Polytechnic National University; Academy of Public Administration under the President of the Republic of Kazakhstan
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.
