Investigation of The Relationship Between Migration, Unemployment and Growth in the OECD Countries with Panel ARDL Technique

Abstract

Economic growth is typically accompanied by migration. Both factors are great important in the growth process. This study empirically examines the interaction between migration and economic conditions of the target country. In the period of 1990-2016, the panel data was analyzed by panel ARDL technique by using he annual data set in 19 OECD countries. Short and long term results were obtained. The long-term results show that migration flows contribute to the economic growth of host countries. Short-term results showed that migration flows had a negative impact on growth. On the other hand, as expected, in the long run, while the increases in employ1ment increase the GDP per capita, each increase in unemployment rate decreases GDP per capita. It is also possible to say that the migration is affected by the economic conditions of the host countries.

Keywords

• international migration
• growth
• unemployment
• panel ardl
• oecd