Title: The effects of european economic integration and the impact of Brexit on the UK immigrants from the CEE countries
Authors: Simionescu, Mihaela
Bilan, Yuriy
Smrčka, Luboš
Vincúrová, Zuzana
Citation: E+M. Ekonomie a Management = Economics and Management. 2017, č. 1, s. 29-47.
Issue Date: 2017
Publisher: Technická univerzita v Liberci
Document type: článek
article
URI: http://www.ekonomie-management.cz/archiv/vyhledavani/detail/1495-the-effects-of-european-economic-integration-and-the-impact-of-brexit-on-the-uk-immigrants-from-the-cee-countries/
http://hdl.handle.net/11025/25723
ISSN: 2336-5604 (Online)
1212-3609 (Print)
Keywords: imigranti;CEE země;ekonomická integrace;Brexit;Poissonova regrese
Keywords in different language: immigrants;CEE countries;economic integration;Brexit;Poisson regression
Abstract in different language: Considering the debates regarding lower increase in the economic growth after Brexit, the main objective of this paper is to measure the positive impact of economic integration of Central and Eastern European (CEE) countries on the UK economy and the effect of Brexit on the immigration from these countries to the UK. The European Union membership of some CEE countries increased, in average, the number of the UK immigrants by 12 times in the period 2004-2014 compared to the group of countries formed by Russia and Ukraine. The empirical fi ndings show positive economic effects of immigration on the UK’s economy, even if the pro Brexit group claimed that a control of immigration is necessary. CEE countries emigrants stimulated the UK economic growth, price stability and reduced the homicide rate. The effects of immigration on the unemployment rate, health and education spending were positive, but very low. According to mixed-effects Poisson models estimations, after Brexit the number of the UK immigrants from the CEE countries that are member of the EU might decrease by 2 times. This signifi cant decline in immigration might impose austerity measures, because of the fall in the economic growth trend with negative impact on the UK economy. Therefore, we recommend policies that focus more on high-skilled labour force than on the reduction of the number of immigrants. The UK should propose measures to slow the expected immigration decline in order to alleviate economic issues like decline in economic growth, decrease in labour productivity, cutting backs on public services.
Rights: © Technická univerzita v Liberci
CC BY-NC 4.0
Appears in Collections:Číslo 1 (2017)
Číslo 1 (2017)

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