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Statistical Analysis Of The Seasonal Variation Of Moldovan Migrants’Remittances During The Period 2003-2013

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  • Christiana Balan
  • Elisabeta Jaba
  • Ion Pârtachi
  • Boris Chistruga

Abstract

As a consequence of the increased number of Moldovan migrants, the volume of remittances inflows to Moldova raised steadily. Previous studies on labor migration and remittances in Republic of Moldova underline both the role of remittances in generating increased consumption of the population and its impact on the economic development of the country. In this paper, we aim to analyze the variation of money transfers of Moldovan migrants in order to estimate the trend of the remittances inflows and the seasonal variations under the impact of the global crisis. The data on remittances are available from the National Bank of Moldova, on a monthly basis, for the time span 2003-2013. The study’s results highlight an upward trend and the seasonal variation of money transfer of Moldovan migrants for the considered time span.

Suggested Citation

  • Christiana Balan & Elisabeta Jaba & Ion Pârtachi & Boris Chistruga, 2014. "Statistical Analysis Of The Seasonal Variation Of Moldovan Migrants’Remittances During The Period 2003-2013," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 19.
    • Handle: RePEc:bac:fsecub:14-19-01
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    References listed on IDEAS

    as
    1. Connel Fullenkamp & Mr. Thomas F. Cosimano & Michael T. Gapen & Mr. Ralph Chami & Mr. Peter J Montiel & Mr. Adolfo Barajas, 2008. "Macroeconomic Consequences of Remittances," IMF Occasional Papers 2008/001, International Monetary Fund.
    2. Svetlana CEBOTARI & Carolina BUDURINA-GOREACII & Ion XENOFONTOV, 2012. "Current Migration Tendencies of Moldova Population towards the European Area (English version)," Postmodern Openings, Editura Lumen, Department of Economics, vol. 9, pages 123-137, April.
    3. Luecke, Matthias & Omar Mahmoud, Toman & Steinmayr, Andreas, 2009. "Labour migration and remittances in Moldova: Is the boom over?: Trends and preliminary findings from the IOM-CBSAXA panel household survey 2006- 2008," Open Access Publications from Kiel Institute for the World Economy 32525, Kiel Institute for the World Economy (IfW Kiel).
    4. Zizi Goschin & Monica Roman & Aura Popa, 2011. "Determinants of Romanian International Migrants' Remittances," ERSA conference papers ersa11p1001, European Regional Science Association.
    5. Svetlana CEBOTARI & Carolina BUDURINA-GOREACII & Ion XENOFONTOV, 2012. "Current Migration Tendencies of Moldova Population towards the European Area (English version)," Postmodern Openings, Editura Lumen, Department of Economics, vol. 3(1), pages 123-137, April.
    6. Kring, Thomas., 2008. "Moldovan migrants in Italy remittances and the role of the labour market partners," ILO Working Papers 994112093402676, International Labour Organization.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    migration; remittances; economic growth; Moldova; trend; seasonal variation;
    All these keywords.

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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