Modeling and Evaluation of External Labor Migration Flows Influence on the Economy of Host Subjects

Alexandr A. Tarasyev
Year: 2018
DOI:
UDK: 338.26:314.7
Pages: 33-43
Language: russian
Section: Economics
Keywords: dynamic modeling, positional games, Cobb-Douglas production function, game theory, labor migration, migration potential, labor market, migration policy, neoclassical economic theory.
Abstract
This article presents a model description of the impact of labor migration on the development of economic systems in the countries of migration. It should be emphasized that labor migration is one of the main factors in the development of the labor market. The inflow of migrants to the region should correspond to the needs of labor resources in the labor market. To assess and predict the migration flows between countries with different levels of socio-economic development, a dynamic multi-factor model was developed, based on the positions of the theory of positional games and allowing to predict the behavior of an individual depending on economic factors. The model makes it possible to trace the dependence of wage levels on labor markets on the number of migrant workers. The dynamic model describes the processes of external labor migration, as well as their influence on the internal dynamics of regional labor markets. According to the basic ideas of the model, potential migrants have information about the difference in living and working conditions in both countries of origin and migration. At the final stage of the simulation, the impact of migration on the development of socio-economic systems in the countries of migration was assessed using the approach based on the production function of the Cobb-Douglas type.
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