ANALYSIS OF THE TRINOM MIGRATION - FDI - COMPETITIVENESS. CASE STUDY: ROMANIA (2004-2015)
Journal: Oradea Journal of Business and Economics (Vol.2, No. 1)Publication Date: 2007-03-24
Authors : Ana Maria Talmaciu Banu; Laura-Mariana Cismaş;
Page : 63-71
Keywords : migration; competitiveness; foreign direct investment; correlation;
Abstract
In the context of a global economy, increasingly competitive, the battle for the competitive advantage has become harsh. The attractiveness of countries which influence the international migration, generate opposite or complementary effects in the countries of origin and destination. Labor migration among highly qualified people stirred controversy on the impact on the economies of the countries involved in the international transfer of human capital. Labor migration, highly qualified or not, produce a change in the investor's behavior. They will be interested in investing in countries where the workforce is favoring either qualitatively, either financially, or both.The foreign direct investment fluctuates as the dynamics of migration increases. A country with a large number of highly skilled migrants can lose to foreign investors due to the lack of attractiveness of human capital, and, at the same time, a country with a large number of a trained environmental emigrant may be of interest to investors in search of cheap labor. This paper aims to examine the following hypothesis: to which extent the emigration influence the competitive level (measured by GDP) and the foreign direct investments in the origin country. The results confirm the economic theory, showing a correlation, but not a significative one, for the analized years.
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