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Impact of labour income in gross value added on migrations in Bosnia and Herzegovina

Author

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  • Goran Radoš

    (University of Zagreb, Faculty of Croatian Studies, Zagreb, Croatia)

Abstract

The transition countries of Southeast Europe, especially the countries of the Western Balkans, have achieved modest economic growth rates since the beginning of the transition process. High unemployment rates, relatively high external imbalances, and rising external debt are common for the entire region. This paper will explain the impact of a decrease in the share of labour income in total gross value added on the increased outflow of the working-age population. The subject of a specific analysis is the increase in inequality and the consequences of differences in income on the economy and society of the country will be explained Increasing inequality in Bosnia and Herzegovina is measured by a significant decrease in the share of labour income in total gross value added in Bosnia and Herzegovina affects the outflow of the working-age population abroad.

Suggested Citation

  • Goran Radoš, 2024. "Impact of labour income in gross value added on migrations in Bosnia and Herzegovina," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 42(1), pages 149-166.
    • Handle: RePEc:rfe:zbefri:v:42:y:2024:i:1:p:149-166
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    References listed on IDEAS

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    More about this item

    Keywords

    transition country; share of labour income in gross value added; migrations;
    All these keywords.

    JEL classification:

    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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