Migration Impact on the Labour Market and Economic Activity of Kazakhstan
https://doi.org/10.47703/ejebs.v3i67.317
Abstract
This study examines the relationship between migration (M), economic activity (EA), and the labour market (LM) in the Republic of Kazakhstan from 2000 to 2022. The research comprises three stages, namely indicator selection, data analysis, and correlation-regression analysis. The study hypotheses propose that migration has a notably adverse influence on both the labor market and economic activity. Secondary data from the World Bank and the National Bureau of Statistics of the Republic of Kazakhstan were employed, covering the years 2000 to 2022. The chosen variables encompass migration growth, GDP, labor productivity, investment in fixed assets, real wages, and unemployment rates. The research includes three latent variables: migration (M), economic activity (EA), and the labor market (LM). The measurement models for these variables show acceptable to high reliability, suggesting a sufficient association between the included variables. Regression analysis reveals a significant negative impact of migration on both economic activity and the labour market. Migration can significantly influence economic activity, unemployment rate, and real wages. The findings support the hypotheses, indicating positive economic indicators and the country's socio-economic development trends. These results are valuable for understanding population dynamics and the potential impact of migration on the economy and social processes in Kazakhstan. Overall, the study provides insights into the relationships between migration, economic activity, and the labour market, highlighting the importance of these factors in shaping the country's development.
Supporting agencies: The study was carried out within the framework of the grant funding IRN AR09261051 project, funded by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan “Research of issues of youth migration of Kazakhstan abroad: approaches to the regulation of educational and labor migration of youth”
About the Authors
Damira Iskakova
LLP Scientific and Production Enterprise "Innovator", Astana
Kazakhstan
Kazakhstan
Cand. Sc. (Econ.), Leading Researcher, Director, Email: damirais61@mail.ru
Aigul Kurmanalina
K.Zhubanov Aktobe Regional University (Zhubanov University), Aktobe
Kazakhstan
Kazakhstan
Cand. Sc. (Econ.), Docent, Department of Economics and Management, Email: kurmanalina@mail.ru
Dariya Iskakova
LLP Scientific and Production Enterprise "Innovator", Astana
Kazakhstan
Kazakhstan
PhD Candidate, Senior Researcher, Email: iskakova.dariya@bk.ru
Saule Serikbayeva
Almaty Technological University (ATU), Almaty
Kazakhstan
Kazakhstan
Cand. Sc. (Econ.), Acting Associate Professor, Email: s.serikbayeva@mail.ru
Almagul Ibrasheva
K.Zhubanov Aktobe Regional University (Zhubanov University), Aktobe
Kazakhstan
Kazakhstan
Master Sc. (Econ.), Senior Lecturer, Department of Economics and Management, Email: ibrasheva1975@mail.ru
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Review
For citations:
Iskakova D., Kurmanalina A., Iskakova D., Serikbayeva S., Ibrasheva A. Migration Impact on the Labour Market and Economic Activity of Kazakhstan. Eurasian Journal of Economic and Business Studies. 2023;67(3):149-162. https://doi.org/10.47703/ejebs.v3i67.317
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