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Migration And Remittances – Statistical And Econometric Models Used To Analyze The Impact Of Remittances In Economic Development

Author

Listed:
  • Constantin ANGHELACHE

    (Bucharest University of Economic Studies/„Artifex" University of Bucharest)

  • Georgiana NITA

    (Bucharest University of Economic Studies)

  • Alexandru BADIU

    (Bucharest University of Economic Studies)

Abstract

In this article, the authors proposed to analyze the current context of labor migration, as well as the analysis of remittances, a phenomenon taking place simultaneously with that of migration. The paper presents general notions of migration and remittances, with particular emphasis on the impact of remittances on the economic development of a country. Migrants and their families are considered key factors in economic growth, as long as remittances are used efficiently, not only for consumption but for saving, investment or entrepreneurial development as well. What brings into question the financial inclusion of these segments of the population: migrants and their families. The authors present the general notions of the concept of poverty, the methods and the indicators by which it is measured. It also presents statistical and econometric models in which a correlation between remittances is attempted, as a positive effect in reducing poverty and implicitly in economic growth.

Suggested Citation

  • Constantin ANGHELACHE & Georgiana NITA & Alexandru BADIU, 2017. "Migration And Remittances – Statistical And Econometric Models Used To Analyze The Impact Of Remittances In Economic Development," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(6), pages 134-143, June.
    • Handle: RePEc:rsr:supplm:v:65:y:2017:i:6:p:134-143
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    References listed on IDEAS

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    Cited by:

    1. Georgiana Nita, 2018. "Remittances from Migrant Workers and their Importance in Economic Growth," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 8(1), pages 161-166, January.

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    More about this item

    Keywords

    labor migration; remittances; poverty; indicators; econometric models;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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