IDEAS home Printed from https://ideas.repec.org/a/taf/rmdjxx/v7y2015i1p70-88.html
   My bibliography  Save this article

Flow of migrants' remittances into Sudan: the role of macroeconomic environment

Author

Listed:
  • Ebaidalla Mahjoub Ebaidalla
  • Abdalla Ali Edriess

Abstract

Considering the importance of migrants' remittances as a vital source of financing economic development and foreign exchange in Sudan's economy, this study investigates the role of the macroeconomic environment in attracting migrants' remittances into Sudan. The study uses the autoregressive distributed lag approach to cointegration, impulse response functions (IRSs) and variance decomposition (VDC) techniques. The empirical results indicate that macroeconomic policy variables play an important role in encouraging the flow of remittances via formal channels. The inflation rate and the black market exchange rate premium have a negative effect on remittances in both short and long run. The home income variable is found to discourage the flow of remittances, supporting the altruistic behavior of emigrants in transferring money. Moreover, the study found that foreign income exerts positive and significant effects on remittances. Based on these findings, the paper concludes with some policy implications regarding the improvement of the macroeconomic environment, as a necessary condition to facilitate the flow of remittances through official channels.

Suggested Citation

  • Ebaidalla Mahjoub Ebaidalla & Abdalla Ali Edriess, 2015. "Flow of migrants' remittances into Sudan: the role of macroeconomic environment," Middle East Development Journal, Taylor & Francis Journals, vol. 7(1), pages 70-88, January.
    • Handle: RePEc:taf:rmdjxx:v:7:y:2015:i:1:p:70-88
    DOI: 10.1080/17938120.2015.1019292
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17938120.2015.1019292
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17938120.2015.1019292?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ebaidalla Mahjoub Ebaidalla, 2017. "Determinants and Macroeconomic Impact of Parallel Market For Foreign Exchange in Sudan," Working Papers 1155, Economic Research Forum, revised 11 2017.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rmdjxx:v:7:y:2015:i:1:p:70-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rmdj .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.