The impact of international mobility of labor resources on the economy
This paper investigates the impact of international labor mobility on national economies. Understanding this impact becomes particularly important in the context of globalization, as labor migration takes on new scales and forms. The research examines the effect of international labor mobility on key macroeconomic indicators in Azerbaijan, including GDP, labor productivity, and employment. Using time-series data from 1995 to 2023, modern econometric approaches are employed to analyze the relationship between labor mobility indicators and economic development indicators. The results show a significant causal relationship between the migration of the working-age population and both real GDP and labor productivity. Finally, recommendations are provided for optimizing labor migration processes to enhance the efficiency of the national economy.
Authors
- Elnura Ilgar Ziyali (ORCID: https://orcid.org/0009-0009-2938-1154)
Institutions
- Azerbaijan University (AZ)
Publication Details
- Journal
- Science Technologies Innovation
- Published
- 2025-01-01
- DOI
- https://doi.org/10.35668/2520-6524-2025-1-03
- Primary Topic
- Migration and Labor Dynamics
- Type
- article
- Field-Weighted Citation Impact
- 0.00