The role of the human capital and investment in human capital within the sustainable socio-economic development. How labour force migration affects competitiveness?
The research aims to analyse the role played by the human capital investment
in shaping international migration trends and influencing socio-economic development
for the EU New Member States during the last decade. Our analysis is based on
developing double-log macro-econometric models that combine cross-sections and time
series in a panel structure, by using a set of indicators specific for the migration process,
as well as for the economic activity and education, as main explanatory variables.
Furthermore, the study focuses on a comparative approach for New Member States, our
random and fixed effects models using several quantitative and qualitative proxies in
order to highlight the relationship and interdependence between emigration, human
capital investment and socio-economic development