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Migration and Foreign Remittances in the Philippines

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  • Robert Burgess
  • V. Haksar
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    Abstract

    International migration and large remittance flows have been prominent features of the Philippine economy for many decades. This paper describes the evolving pattern of migration and remittance flows and analyzes some of the channels through which remittances affect economic activity. The empirical evidence does not clearly support the purported short-term stabilizing effect on consumption of remittance flows. Furthermore, as in other countries, the longer term economic effect of such flows is ambiguous.

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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=18213
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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 05/111.

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    Length: 17
    Date of creation: 01 Jun 2005
    Date of revision:
    Handle: RePEc:imf:imfwpa:05/111

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    Related research

    Keywords: Migration; Workers remittances; Economic growth; remittances; remittance; remittance flows; equation; survey; impact of remittances; correlation; correlations; estimation of equation; statistics; economic impact of remittances; diaspora; growth rate of remittances; equations; worker remittances; instrumental variables; growth of remittances; instrumental variable; capital flows; determinants of remittance; net remittance; impact of remittances on growth; remittances of migrants; recipient of remittances; changes in remittance flows; migrant; remittance use; remittance inflows; role of remittances; immigrant remittance; impact of remittance; migration remittances; determinants of remittances; dollar remittances; foreign remittances; remittance channels; standard deviation;

    This paper has been announced in the following NEP Reports:

    References

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    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.:
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    1. Stark, Oded & Helmenstein, Christian & Prskawetz, Alexia, 1997. "A Brain Gain with a Brain Drain," Economics Series 45, Institute for Advanced Studies.
    2. Samir Jahjah & Ralph Chami & Connel Fullenkamp, 2003. "Are Immigrant Remittance Flows a Source of Capital for Development," IMF Working Papers 03/189, International Monetary Fund.
    3. Mohammed El Qorchi & Samuel Munzele Maimbo & John F. Wilson, 2003. "Informal Funds Transfer Systems," IMF Occasional Papers 222, International Monetary Fund.
    4. Robert E. B. Lucas, 2001. "Diaspora and Development: Highly Skilled Migrants from East Asia," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-120, Boston University - Department of Economics.
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    Citations

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    Cited by:
    1. Robert Shelburne & Jose Palacin, 2007. "Remittances in the CIS: Their Economic Implications and a New Estimation Procedure," ECE Discussion Papers Series 2007_5, UNECE.
    2. Aubrey D. Tabuga, 2007. "International Remittances and Household Expenditures : The Philippine Case," Development Economics Working Papers 22698, East Asian Bureau of Economic Research.
    3. Luca Marchiori & Patrice Pieretti & Benteng Zo, 2008. "Brain Drain, Remittances, and Fertility," Economie Internationale, CEPII research center, issue 115, pages 9-42.
    4. Beja, Edsel Jr., 2010. "Do international remittances cause Dutch disease?," MPRA Paper 23230, University Library of Munich, Germany.
    5. Tansel, Aysit & Yaşar, Pınar, 2010. "Macroeconomic Impact of Remittances on Output Growth: Evidence from Turkey," IZA Discussion Papers 5376, Institute for the Study of Labor (IZA).
    6. Ziesemer, Thomas H.W., 2012. "Worker remittances, migration, accumulation and growth in poor developing countries: Survey and analysis of direct and indirect effects," Economic Modelling, Elsevier, vol. 29(2), pages 103-118.
    7. Alvin P. Ang, 2007. "Workers’ Remittances and Economic Growth in the Philippines," DEGIT Conference Papers c012_029, DEGIT, Dynamics, Economic Growth, and International Trade.
    8. Qayyum, Abdul & Javid, Muhammad & Arif, Umaima, 2008. "Impact of Remittances on Economic Growth and Poverty: Evidence from Pakistan," MPRA Paper 22941, University Library of Munich, Germany.

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