Abstract.

This paper deals with the construction and study of the model of economic growth that takes into account migration flows as a part of the labor resource of the economy. The model is based on the Cobb-Douglas production function, one of the factors of which is total labor. In turn, total labor is an aggregate that takes into account the distinction between skilled and unskilled labor, which make different contributions to output, as well as the work of indigenous people and migrants who have different dynamics. The migration flow in each qualification class is assumed to be proportional to the difference between the average level of consumption in this category and an exogenously given function which has a meaning of the level of consumption in the countries-donors of migration. The study of the model is aimed at analyzing the impact of migration flows on economic growth.

Keywords:

mathematical modeling, migration, economic growth, numerical experiment, skilled and unskilled labor.

PP. 17-27.

DOI: 10.14357/20790279190202

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