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The Remittances As A Potential Economic Growth Resource For Romania

Author

Listed:
  • Zizi Goschin

    (Institute of National Economy Academy of Economic Studies Bucharest)

Abstract

As an important emigration country, Romania benefits from significant remittanceinflows that sustained the increased domestic consumption and may have also contributed to thestrong economic growth prior to the recent economic crisis. Our empirical research aimed toinvestigate, by means of multi-factorial regression models, the contribution of the remittances to thelong-term economic growth in Romania. The main result of our research is a significant positiveimpact of remittance inflows on the economic growth in Romania over 1994-2011.

Suggested Citation

  • Zizi Goschin, 2013. "The Remittances As A Potential Economic Growth Resource For Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(15), pages 1-29.
  • Handle: RePEc:alu:journl:v:2:y:2013:i:15:p:29
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    File URL: http://oeconomica.uab.ro/upload/lucrari/1520132/29.pdf
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    References listed on IDEAS

    as
    1. Monica ROMAN & Cristina VOICU, 2010. "Some Socio-Economic Effects of Labor Migration on Sending Countries. Evidence from Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 7(7(548)), pages 61-76, July.
    2. Zizi GOSCHIN & Monica ROMAN, 2012. "Determinants of the remitting behaviour of Romanian emigrants in an economic crisis context," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 3, pages 87-103, December.
    3. José De Sousa & Laetitia Duval, 2010. "Geographic distance and remittances in Romania: Out of sight, out of mind?," International Economics, CEPII research center, issue 121, pages 81-98.
    4. Louka T. Katseli & Robert E.B. Lucas & Theodora Xenogiani, 2006. "Effects of Migration on Sending Countries: What Do We Know?," OECD Development Centre Working Papers 250, OECD Publishing.
    5. Cristian ÎNCALŢĂRĂU & Liviu-George MAHA, 2012. "The impact of remittances on consumption and investment in Romania," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 3, pages 61-86, December.
    6. Nicolae, Mariana & Radu, Bridusa Mihaela, 2007. "Socio-economic efects of the Labor Force Migration in an enlarged Europe," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(2), pages 44-56, June.
    7. Goschin Zizi & Popa Aura & Roman Monica, 2010. "Romanian Migrants' Remittances: Past Trends and Short-term Prospects," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 293-296, October.
    8. Siegfried, Nikolaus & Schiopu, Ioana, 2006. "Determinants of workers' remittances: evidence from the European Neighbouring Region," Working Paper Series 688, European Central Bank.
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    Citations

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    Cited by:

    1. Goschin, Zizi, 2016. "Main Determinants of Romanian Emigration. A Regional Perspective," MPRA Paper 88829, University Library of Munich, Germany.
    2. repec:ine:journl:v:46:y:2018:i:55:p:60-74 is not listed on IDEAS
    3. Adams, Samuel & Klobodu, Edem Kwame Mensah, 2016. "Remittances, regime durability and economic growth in Sub-Saharan Africa (SSA)," Economic Analysis and Policy, Elsevier, vol. 50(C), pages 1-8.

    More about this item

    Keywords

    remittances; economic growth; Romania;

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration

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