Ion PÂRȚACHI
Academy of Economic Studies of Moldova, Chișinău
Natalia ȘIȘCAN
Academy of Economic Studies of Moldova, Chişinău
Abstract
The research aims to identify and analyze the determining and influencing factors of the growth of the migration flows in Moldova. The article examines the importance of the dynamic effects of the measurements in the labor market, such as changes in the unemployment rate. Analyzing the annual panel data for the period 2006-2016, the authors reveal that a higher level of real wages in the recipient country positively affects the net migration flow, and negatively impacts the unemployment level. Deep-diving into the dynamic effects shows that the increase in real income positively affects the net migration flow, while changes in the unemployment rate have no significant impact. The authors study the influence of several types of factors: push (unemployment, inflation rate) and pull-factors (GDP per capita, productivity).
Keywords: International Migration, Determinants of Migration, Push and Pull Factors, Panel Data Estimation
