Social and economic development of Ukraine: Modelling the migration factor impact

Vasyltsiv Taras (), Mulska Olha (), Osinska Oksana () and Makhonyuk Oleksandr ()
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Vasyltsiv Taras: M. Dolishniy Institute of Regional Research of National Academy of Sciences of Ukraine, Department of Social and Humanitarian Development of Regions, Kozelnytska str, 4, Lviv, 79026, Ukraine
Mulska Olha: M. Dolishniy Institute of Regional Research of National Academy of Sciences of Ukraine, Department of Social and Humanitarian Development of Regions, Kozelnytska str, 4, Lviv, 79026, Ukraine
Osinska Oksana: Lviv University of Trade and Economics, Department of Tourism, Hotel and Restaurant Management, 10, Tuhan-Baranovskyi Str., Lviv, 79008, Ukraine
Makhonyuk Oleksandr: M. Dolishniy Institute of Regional Research of National Academy of Sciences of Ukraine, Department of Social and Humanitarian Development of Regions, Kozelnytska str, 4, Lviv, 79026, Ukraine

Economics and Business Review, 2022, vol. 8, issue 3, 27-58

Abstract: The paper aims to analyse the dependence of the economic and social development of Ukraine on migration factors (human resources and remittances) in the years 2002–2020. It proves the strength of the impact of human resources outflow and remittances on the labour market (employment) and other variables capturing the level of economic and social development. Based on the calculated social and economic development composite indicators the paper detects the migration gaps in the development of the economic system and social domain depending on the human resources outflow and remittances inflow. The results of the empirical research show a positive causal relationship between social development environments and migration and a mixed impact of the migration factor on economic system.

Keywords: economic growth; social development; migration; remittances; causality; Granger test; gaps (search for similar items in EconPapers)
JEL-codes: C32 E29 J61 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecobur:v:8:y:2022:i:3:p:27-58:n:3

DOI: 10.18559/ebr.2022.3.3

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