Macroeconomic determinants of peruvian migration flows

Abstract

The objective of this paper is to determine the variables associated with the share of Peruvian migration out of total immigration into Chile during 2005-2014. The initial hypothesis is that Peruvian migratory flow has a social and economic component. The results showed that a greater increase in the Human Development Index (HDI) for Chile in comparison with Peru increases migratory flow. On the other hand, a higher education budget for Chile relative to Peru decreases the migratory flow of Peruvian citizens. Against expectations, a one percent increase in per capita GDP in Chile decreases the flow of Peruvian migrants by 0.61 percent.