The Impact of Migration of Highly Skilled Workers on The Country’s Competitiveness and Economic Growth

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Oliinyk, O. and Bilan, Y. and Mishchuk, H. and Akimov, O. and Vasa, L. and Акімов, О. О. (2021) The Impact of Migration of Highly Skilled Workers on The Country’s Competitiveness and Economic Growth. Montenegrin Journal of Economics (17(3)). pp. 7-19.

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Title in English

The Impact of Migration of Highly Skilled Workers on The Country’s Competitiveness and Economic Growth

English abstract

The links between the migration of highly skilled workers and economic growth (in terms of GNI per capita) and the competitiveness of countries have been studied. The study is based on statistics from developed coun-tries and using correlation-regression analysis and modelling, as well as cluster analysis using the package of processing and analysis of statistical information STATISTICA. The analysis found that the immigration of workers with higher education has a significant impact on strengthening the compet-itiveness and economic development of countries – this is confirmed by the impact of talent migration, which is assessed by the values of case studies (‘The Human Flight and Brain Drain’ sub-index Fragile States Index and ‘Brain gain’ sub-index’ in the Global Talent Competitiveness Index and ‘High-ly educated workers’ sub-index in the OECD indicators of talent attractive-ness). Their impact on macroeconomic indicators is higher compared to the links with social development indicators. Of course, this does not mean that such links should not be seen as important in public economic development management, as they illustrate the level of efficiency achieved in creating favourable conditions for realizing the potential of highly skilled workers, including pull-factors for their immigration. But in the macroeconomic man-agement of a competitive economy, according to our research, actions aimed at attracting highly skilled migrants have the most significant and obvious impact. Other links can be taken into account and used in model-ling for the development of institutional support for proactive migration policy for highly qualified workers.

Item Type: Article
Uncontrolled Keywords: competitiveness, economic growth, migration, GNI per capita, knowledge management
Бібліографічний опис: The Impact of Migration of Highly Skilled Workers on The Country’s Competitiveness and Economic Growth / O. Oliinyk, Y. Bilan, H. Mishchuk [etc.] // Montenegrin Journal of Economics. - 2021. - Vol. 17, No. 3. - P. 7-19.
Subjects: За напрямами > Усі спеціальності
Depositing User: С. В. Бойчук
Date Deposited: 09 Jun 2021 09:19
Last Modified: 09 Jun 2021 09:19
URI: http://ep3.nuwm.edu.ua/id/eprint/20736

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