IDEAS home Printed from https://ideas.repec.org/a/rom/conase/v1y2018i1p164-170.html
   My bibliography  Save this article

The Link Between Emigration and Financial Transactions

Author

Listed:
  • Simona-Andreea Apostu

    (Bucharest University of Economic Studies)

Abstract

Lately, migration has registered a growing trend, reaching massive values. Numerous studies have analysed the phenomenon of migration, its trend, the advantages and disadvantages, as well as the factors of influence. This article comes as a complement to existing studies, analysing migration from economic and financial perspective, focusing on the emigration and economic growth. The binder between emigration and economic growth is represented by remittances, money sent by emigrants in the country of origin. The purpose of this study is to determine whether the number of emigrants influences the economic growth, given that money sent to the country of origin contributes to economic development, so the study analyses the number of emigrants and the financial transactions. For this, is established the link between number of emigrants and financial transactions for the countries of Europe during 2008-2015. The results of this study show that the variable emigrants have a significant influence on financial transactions, being statistically significant. Lot of emigrants send remittances and this is reflected in the financial transactions from the origin country. So, emigrants emigrate for a limited period of time, not forever. The reason they emigrate is higher incomes and a part of incomes is sent in the origin country, helping the economies of less developed and developing countries and leading to economic growth.

Suggested Citation

  • Simona-Andreea Apostu, 2018. "The Link Between Emigration and Financial Transactions," PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON ECONOMICS AND SOCIAL SCIENCES, Bucharest University of Economic Studies, Romania, vol. 1(1), pages 164-170, April.
    • Handle: RePEc:rom:conase:v:1:y:2018:i:1:p:164-170
    as

    Download full text from publisher

    File URL: https://icess.ase.ro/index.php/archive/icess-2018/icess-2018-proceedings
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Simona-Andreea Apostu, 2019. "Migration and Health System in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 80-85, December.

    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:rom:conase:v:1:y:2018:i:1:p:164-170. 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: Zamfir Andreea (email available below). General contact details of provider: https://edirc.repec.org/data/aseeero.html .

    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.