Migrant Remittances and their Impact on the Economic Development of the Baltic States

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F18%3A63519438" target="_blank" >RIV/70883521:28120/18:63519438 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.5937/gp22-16988" target="_blank" >http://dx.doi.org/10.5937/gp22-16988</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.5937/gp22-16988" target="_blank" >10.5937/gp22-16988</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Migrant Remittances and their Impact on the Economic Development of the Baltic States

Popis výsledku v původním jazyce

This paper studies the determinants of international migration and remittances in the Baltic States (represented hereinafter by Lithuania, Latvia, and Estonia). The research reveals a critical view on migrant remittances in terms of macroeconomic development and social conditions in the society of each country involved into our research. In order to investigate and to demonstrate the impact of migrant remittances on GDP and consumption compared with current account balance, minimal wages, and foreign direct investment in the Baltic countries, econometric modeling based on the data of Eurostat, World Bank, and the National banks of the Baltic States has been employed. The results of this research clearly demonstrate that remittances sent by the migrants have high and positive impact on economic development in Lithuania, Latvia, and Estonia. Moreover, the findings stemming from this study confirm that minimum wages in the Latvia and Lithuania are far more important determinants of economic development than remittances.

Název v anglickém jazyce

Migrant Remittances and their Impact on the Economic Development of the Baltic States

Popis výsledku anglicky

This paper studies the determinants of international migration and remittances in the Baltic States (represented hereinafter by Lithuania, Latvia, and Estonia). The research reveals a critical view on migrant remittances in terms of macroeconomic development and social conditions in the society of each country involved into our research. In order to investigate and to demonstrate the impact of migrant remittances on GDP and consumption compared with current account balance, minimal wages, and foreign direct investment in the Baltic countries, econometric modeling based on the data of Eurostat, World Bank, and the National banks of the Baltic States has been employed. The results of this research clearly demonstrate that remittances sent by the migrants have high and positive impact on economic development in Lithuania, Latvia, and Estonia. Moreover, the findings stemming from this study confirm that minimum wages in the Latvia and Lithuania are far more important determinants of economic development than remittances.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Geographica Pannonica

ISSN

0354-8724

e-ISSN

—

Svazek periodika

2018, 22

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

RS - Srbská republika

Počet stran výsledku

11

Strana od-do

165-175

Kód UT WoS článku

000445941100001

EID výsledku v databázi Scopus

2-s2.0-85054684089