Relationship between Human Capital and Migration: A Study on the Economies of Selected Countries

Abstract

The concept of growth is used for countries with different income levels and shows the increase in national income. One of the factors that realize economic growth is human capital. Education and health are the essential elements that make up human capital. The negativities in education and health services make immigration attractive. The concept of migration, which is expressed as population movement, brings along socio-cultural and economic changes. One of the reasons for migration is the lack of health facilities. This is followed by the inadequacy of educational opportunities and social opportunities. In this study, the effect of migration on economic growth between 2010-2019 is investigated for France, Germany, England and the USA. In the study, education, health, number of immigrants and economic growth data were used to examine the effect of migration on economic growth. The relationship between the data used in the study was examined with the help of the SUR estimator, which is one of the Panel data methods. According to the results obtained from the SUR estimator, it is concluded that immigration has positive effects on economic growth in England. İn addition, it has been determined that immigration in Germany has a negative effect on the economy. Finally, according to the results of the study, it was determined that there is no relationship between immigration and economic growth in France and the USA.