Assessing the Effect of the Consumer-Voter Sentiment on Tiebout-like Migration - The EU 27 Case

Christos Kallandranis, Socrates Karidis

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

The paper revisits the determinants of intra-European migration using a conditional logit model for the period 2000–2010. With all moving restrictions lifted, a substantial Union enlargement in 2004, and a severe economic crisis in progress, new evidence is being revealed regarding the decision making process of individuals who choose to relocate. We examine Tiebout’s proposition of voting with one’s feet in the context of the Union, and we show that fiscal policies in the form of fiscal packages offered to a country’s residents as well as consumer confidence indicators play a decisive role in affecting that process. With 26 alternative destinations over a period of 11 years, we find that people will choose to move to a country that offers them a better fiscal surplus, higher confidence as economic agents and higher potential earnings. In light of our results, and after establishing the migration patterns, we believe that a new discussion should open regarding efficiency concerns and government policy implications.
Original languageEnglish
Pages (from-to)31-55
Number of pages25
JournalGlobal Economy Journal
Volume14
Issue number1
DOIs
Publication statusPublished - 7 Feb 2014

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Sentiment
Vote
Fiscal
Tiebout
Surplus
Consumer confidence
Economic crisis
Enlargement
Confidence
Government policy
Conditional logit model
Policy implications
Voting
Destination
Economics
Residents
Decision-making process
Fiscal policy

Cite this

Assessing the Effect of the Consumer-Voter Sentiment on Tiebout-like Migration - The EU 27 Case. / Kallandranis, Christos; Karidis, Socrates.

In: Global Economy Journal, Vol. 14, No. 1, 07.02.2014, p. 31-55.

Research output: Contribution to journalArticle

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