Browsing by Author "Zhong, Huishan"

Abstract Introduction. International migration is one popular and challenging issue in Central Europe for decades, especially after the collapse of the communist bloc. This thesis explores, how international migration correlates with the level of economic development in six Central European countries (Austria, the Czech Republic, Germany, Hungary, Poland, and Slovakia) during the years 1995-2019. In this context international migration is divided into two types: immigration and emigration. This thesis aims to help policymakers to determine the international migration policy by understanding the correlation between international migration and economic development better. Methods. This study explores the correlation between international migration and economic development in Central European states and reflects it against the historical, political, and economic context. National-level migration and macroeconomic data related to Central European states were collected from the World Bank, Eurostat, OECD, UNCTADstat, WIID, UIS, UNHCR and ETH Zurich databases in the period 1995-2019. The endogeneity issues in panel data analysis were noted. Macro-econometric models and spatial autoregressive models were conducted through Stata. Results. The empirical analysis confirmed the following hypotheses: (1) an increase in immigration correlates with a higher level of economic development in receiving countries. (2) An increase in emigration correlates with a lower level of economic development in sending countries. As expected, the empirical results further displayed a positive (negative) correlation between female immigrants (emigrants) and the economic development of receiving countries (sending countries). Conclusion. This thesis presents that (1) an increase in immigration strongly correlates with a higher level of economic development in receiving countries; (2) an increase in emigration significantly correlates with a lower level of economic development in sending countries. This study also emphasises the correlation between female migration and economic development in Central Europe.