School of Business

Permanent URI for this communityhttps://rda.sliit.lk/handle/123456789/4207

Browse

Filters

2025 - 20263

Advanced Search

Filter by

Settings

Subject: search.filters.subject.Migration

Search Results

Now showing 1 - 3 of 3
  • Thumbnail Image
    PublicationOpen Access
    True nature of brain drain and brain gain: A MM-QR analysis on migration, remittances and FDI
    (Elsevier Ltd, 2026-12) Lokuliyana, A; Perera, J; Perera, R; Marina, N; Samarakkody, T; Kankanam Pathiranage, H.S
    With ever-changing global dynamics, understanding which factors promote or hinder economic growth is crucial for any country. Although many studies have examined the variables migration, remittances, and FDI, fewer have examined their collective impact on economic growth in an income-level analysis. A noticeable limitation of the few existing studies in the area is the inability of the mean-based models to address the heterogeneity in real-life distributions. The main objective of the study was to bridge the knowledge gap and address the heterogeneity concerns in mean-based models using MM-QR, meanwhile providing quantile-based evidence for economic theories such as endogenous growth theory, structural transformation theory and most importantly, brain drain theory. The study used a panel dataset of 118 countries from 1995 to 2023, categorized into 4 income levels. Results of the study supported the brain drain theory, where migration negatively affected poorer economies and hinted at the possible existence of brain gain in HICs. Continuous non-linear behavior of FDI, remittances explained the existence of developmental asymmetries and supported endogenous growth theory and structural transformation theory and reveals development threshold effects. Finally, the study underlines the importance of placing tailored policies to absorb migration, remittances and FDIs for economic growth and provides policy recommendations accordingly.
  • Thumbnail Image
    PublicationOpen Access
    Mapping causal relationships between migration and economic growth: A visual and empirical approach
    (Elsevier Ltd, 2025-09-19) Azmi, Y; Landersz, S; Dissanayake, P; Chloe, L; Jayathilaka, R
    The focus of this study is to identify whether causal relationships exist between migration and economic growth across countries in the Asian continent. Real GDP per capita and net migration per capita were used to measure economic growth and net migration, respectively. A dataset comprising panel data from 1994 to 2023, covering 41 countries, was utilised. The Bootstrap Dumitrescu and Hurlin Granger non-causality test was conducted for a continental analysis of Asia. Further, the Granger causality Wald test was undertaken for in-depth country-level analysis. The empirical results indicate a unidirectional causality in Asian continent, and Eastern, and Western Asian sub reigns while other sub reigns indicated no causality. Additionally, while majority of the countries indicated no causality, seven countries namely, Saudi Arabia, Turkmenistan, Viet Nam, Sri Lanka, Macao SAR China, Malaysia and Rep. Korea indicated unidirectional causalities. Based on these findings, implications were made for policymakers when developing economic policies that leverage the economic potential of net migration.
  • Thumbnail Image
    PublicationOpen Access
    Mapping causal relationships between migration and economic growth: A visual and empirical approach
    (Elsevier, 2025-09-17) Azmi, Y; Landersz, S; Dissanayake, P; Chloe, L
    The focus of this study is to identify whether causal relationships exist between migration and economic growth across countries in the Asian continent. Real GDP per capita and net migration per capita were used to measure economic growth and net migration, respectively. A dataset comprising panel data from 1994 to 2023, covering 41 countries, was utilised. The Bootstrap Dumitrescu and Hurlin Granger non-causality test was conducted for a continental analysis of Asia. Further, the Granger causality Wald test was undertaken for in-depth country-level analysis. The empirical results indicate a unidirectional causality in Asian continent, and Eastern, and Western Asian sub reigns while other sub reigns indicated no causality. Additionally, while majority of the countries indicated no causality, seven countries namely, Saudi Arabia, Turkmenistan, Viet Nam, Sri Lanka, Macao SAR China, Malaysia and Rep. Korea indicated unidirectional causalities. Based on these findings, implications were made for policymakers when developing economic policies that leverage the economic potential of net migration.