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Purpose–In spite of being the second largest recipient of foreign direct investment (FDI) in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu; Luo; Ran et al.). Motivated by Alfaro et al.'s model, the purpose of this study is to test whether poor...
Persistent link: https://www.econbiz.de/10010565825
The causality relationship between financial development and economic growth is one of the highly discussed and unresolved topics in the economics literature. In this study, the causality relationship between financial development and economic growth is searched for Turkey. Quarterly data of...
Persistent link: https://www.econbiz.de/10010700722
We study the relationship between remittances and development from an empirical point of view. We also identify the … CONAPO. The data base contains Human Development Index, migratory intensity and remittances for the 2443 Mexican … municipalities. The evidence suggests that remittances have a positive effect on development. However, the relationship is not linear …
Persistent link: https://www.econbiz.de/10014198707
open up their immigration policies so as to enable migrants' remittances to substitute for foreign aid as a growth … transnational migration and remittances are entirely mediated by the human capital profile of emigrants, as determined by … provokes a "brain drain", growth is negatively impacted in the sending country despite remittances. The reverse is true when …
Persistent link: https://www.econbiz.de/10013159804
In this article we re-examine the relationship between remittances and economic growth placing special attention to the … remittances and economic growth or have used a quadratic term to capture non-linearity. We show that the relationship between … remittances and growth is neither linear nor quadratic and propose the use of a semiparametric model to avoid the risk of …
Persistent link: https://www.econbiz.de/10012766369
This paper presents a dynamic econometric model to study the impact of remittances on consumption, investment, output … and imports. Multiplier effects of exogenous shocks of remittances are estimated in the short and long term, with data …-country priorities of remittances spending and an asymmetric impact on economic growth of remittances changes. …
Persistent link: https://www.econbiz.de/10010791365
. The role of Fed policy for remittances has not yet been studied. We estimate a series of panel local projections for …
Persistent link: https://www.econbiz.de/10012694427
We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we … investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances … remittances offer complete insurance toward decreased consumption during health shocks and that moral hazard is weak. The role of …
Persistent link: https://www.econbiz.de/10011286680
This paper analyses the impact of remittances on household expenditure behaviour in Senegal. We use propensity score … matching and OLS methods to assess the average impact of remittances on several household budget shares. Our results show a … productive use of international remittances in Senegal. However, the impact of remittances disappears when the marginal spending …
Persistent link: https://www.econbiz.de/10010344808
Research on the relationship between high-skilled migration and remittances has been limited by the lack of suitable …. Our results reveal that migrants' education has no significant impact on the likelihood of sending remittances …. Conditional on sending remittances, however, high-skilled migrants send significantly higher amounts of money to their households …
Persistent link: https://www.econbiz.de/10011558124