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- Title
THE RELATIONSHIP BETWEEN WORKFORCE MIGRATION AND THE BASIC MACROECONOMIC VARIABLES OF THE COUNTRIES FROM CENTRAL EASTERN EUROPE WITH A FOCUS ON BULGARIA.
- Authors
Ganchev, Gancho; Paskaleva, Mariya
- Abstract
In order to establish a relationship between the labor market and migration, we consider the following 11 countries: Bulgaria, Romania, Estonia, Latvia, Lithuania, Poland, the Czech Republic, Slovakia, Slovenia, Hungary, and Croatia. The explored period is 2000-2017. The following methodology is applied: namely VAR methodology. We prove that in Bulgaria, unlike other post-communist EU Member States, wage is the foremost factor governing the international migration of the labor force. The research reveals that foreign direct investments have a strong impact on labor productivity, wages, respectively on emigration and labor immigration. In our study we advocate a policy of accelerating income growth, combined by the introduction of a tax-deductible minimum.
- Subjects
BULGARIA; LABOR mobility; FOREIGN investments; LABOR supply; LABOR market; FORCED migration
- Publication
Economic Studies, 2019, Vol 28, Issue 4, p45
- ISSN
0205-3292
- Publication type
Article