Migrant remittances and their impact on the economic development of the Baltic States

Rausser, Gordon; Strielkowski, Wadim; Bilan, Yuriy; Tsevukh, Yuliia

dc.title	Migrant remittances and their impact on the economic development of the Baltic States	en
dc.contributor.author	Rausser, Gordon
dc.contributor.author	Strielkowski, Wadim
dc.contributor.author	Bilan, Yuriy
dc.contributor.author	Tsevukh, Yuliia
dc.relation.ispartof	Geographica Pannonica
dc.identifier.issn	0354-8724 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued	2018
utb.relation.volume	22
utb.relation.issue	3
dc.citation.spage	165
dc.citation.epage	175
dc.type	article
dc.language.iso	en
dc.publisher	University of Novi Sad, Faculty of Sciences
dc.identifier.doi	10.5937/22-16988
dc.identifier.doi	10.5937/gp22-16988
dc.relation.uri	http://aseestant.ceon.rs/index.php/geopan/article/view/16988
dc.subject	Baltic States	en
dc.subject	Econometric modeling	en
dc.subject	International migration	en
dc.subject	Labor market	en
dc.subject	Remittances	en
dc.description.abstract	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. © 2018 Department of Geography, Tourism and Hotel Management.	en
utb.faculty	Faculty of Management and Economics
dc.identifier.uri	http://hdl.handle.net/10563/1008254
utb.identifier.obdid	43878354
utb.identifier.scopus	2-s2.0-85054684089
utb.identifier.wok	000445941100001
utb.source	j-scopus
dc.date.accessioned	2018-11-01T09:32:10Z
dc.date.available	2018-11-01T09:32:10Z
dc.rights	Attribution 4.0 International
dc.rights.uri	https://creativecommons.org/licenses/by/4.0/
dc.rights.access	openAccess
utb.contributor.internalauthor	Bilan, Yuriy
utb.fulltext.affiliation	Gordon Rausser A , Wadim Strielkowski A* , Yuriy Bilan B , Yuliia Tsevukh C A Department of Agricultural and Resource Economics, University of California, Berkeley, Giannini Hall, Berkeley, CA 94720, United States B Centre of Applied Economic Research, Faculty of Management and Economics, Tomas Bata University in Zlin, Mostní 5139, 760 01, Zlin, Czech Republic C Department of World Economy and International Economic Relations, Odessa National I.I. Mechnikov University, Dvoryanskaya str. 2, 65082 Odessa, Ukraine * Corresponding Author. E-mail: strielkowski@berkeley.edu
utb.fulltext.dates	Received: March 28, 2018 \| Revised: June 13, 2018 \| Accepted: June 25, 2018
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utb.fulltext.sponsorship	-
utb.wos.affiliation	[Rausser, Gordon; Strielkowski, Wadim] Univ Calif Berkeley, Dept Agr & Resource Econ, Giannini Hall, Berkeley, CA 94720 USA; [Bilan, Yuriy] Tomas Bata Univ Zlin, Fac Management & Econ, Ctr Appl Econ Res, Mostni 5139, Zlin 76001, Czech Republic; [Tsevukh, Yuliia] Odessa Natl II Mechnikov Univ, Dept World Econ & Int Econ Relat, Dvoryanskaya Str 2, UA-65082 Odessa, Ukraine
utb.scopus.affiliation	Department of Agricultural and Resource Economics, University of California, Berkeley, Giannini Hall, Berkeley, CA 94720, United States; Centre of Applied Economic Research, Faculty of Management and Economics, Tomas Bata University in Zlin, Mostní 5139, Zlin, 760 01, Czech Republic; Department of World Economy and International Economic Relations, Odessa National I.I. Mechnikov University, Dvoryanskaya str. 2, Odessa, 65082, Ukraine
utb.fulltext.projects	-