Dynamic Effects Of Migrant Remittances On Growth: An Econometric Model With An Application To Southeast European Countries
AbstractThis 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 from six Southeast European countries. The analysis reveals a uniform country performance of instability and uncertainty, with great temporal and inter-country fluctuations of remittance effects. Are highlighted the different inter-country priorities of remittances spending and an asymmetric impact on economic growth of remittances changes.
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Bibliographic InfoArticle provided by ROMANIAN ACADEMY – INSTITUTE FOR ECONOMIC FORECASTING & "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences in its journal New Trends in Modelling and Economic Forecast (MEF 2011).
Volume (Year): 1 (2012)
Issue (Month): 1 (January)
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Remittances; Migration; Economic Growth; Econometric Model; Southeast European Countries;
Find related papers by JEL classification:
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
- F22 - International Economics - - International Factor Movements and International Business - - - International Migration
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Susana Iranzo & Giovanni Peri, 2009.
"Migration and Trade: Theory with an Application to the Eastern-Western European Integration,"
97, University of California, Davis, Department of Economics.
- Iranzo, Susana & Peri, Giovanni, 2009. "Migration and trade: Theory with an application to the Eastern-Western European integration," Journal of International Economics, Elsevier, vol. 79(1), pages 1-19, September.
- Susana Iranzo & Giovanni Peri, 2009. "Migration and Trade: Theory with an Application to the Eastern-Western European Integration," CReAM Discussion Paper Series 0905, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- Iranzo, Susana & Peri, Giovanni, 2009. "Migration and trade: Theory with an Application to the Eastern- Western European Integration," Working Papers 2072/42865, Universitat Rovira i Virgili, Department of Economics.
- Bichaka Fayissa & Christian Nsiah, 2008. "The Impact of Remittances on Economic Growth and Development in Africa," Working Papers 200802, Middle Tennessee State University, Department of Economics and Finance.
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