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Financial Effects of the International Migration in Europe: Modelling the Decision to Remit

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  • Monica Roman

    () (Department of Statistics and Econometrics, Bucharest University of Economic Studies, Romania IZA, Bonn, Germany)

Abstract

This paper analyzes the behaviour of Central and Eastern European migrants regarding money remitting to their country of origin and is based on data provided by the National Immigrant Survey of Spain. In order to analyze the impacts of migrants’ demographic and economic characteristics on remitting behaviour, the variables employed in the econometric model referred to individual factors, factors that evaluate the migrant’s links with the native country and those that account for the degree of migrant’s integration in Spain. The factors showing a stronger attachment to relatives and the country of origin have a positive impact on the decision to remit and on the remitted amounts, while the factors that point to the integration of the migrant into Spanish society have a negative and smaller impact on the remitting decision.

Suggested Citation

  • Monica Roman, 2013. "Financial Effects of the International Migration in Europe: Modelling the Decision to Remit," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(4), pages 541-555, June.
  • Handle: RePEc:voj:journl:v:60:y:2013:i:4:p:541-555
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    References listed on IDEAS

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    1. Adams, Richard Jr. & Page, John, 2005. "Do international migration and remittances reduce poverty in developing countries?," World Development, Elsevier, vol. 33(10), pages 1645-1669, October.
    2. Rapoport, Hillel & Docquier, Frederic, 2006. "The Economics of Migrants' Remittances," Handbook on the Economics of Giving, Reciprocity and Altruism, Elsevier.
    3. Elke Holst & Mechthild Schrooten, 2006. "Migration and Money - What Determines Remittances?: Evidence from Germany," Discussion Papers of DIW Berlin 566, DIW Berlin, German Institute for Economic Research.
    4. 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.
    5. Lucas, Robert E B & Stark, Oded, 1985. "Motivations to Remit: Evidence from Botswana," Journal of Political Economy, University of Chicago Press, vol. 93(5), pages 901-918, October.
    6. Jovan Filipović & Srečko Devjak & Goran Putnik, 2012. "Knowledge Based Economy: The Role of Expert Diaspora," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 59(3), pages 369-386, June.
    7. Alex Julca, 2013. "Can Immigrant Remittances Support Development Finance?," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(3), pages 365-380, May.
    8. Huynh Truong Huy, 2009. "Rural to Urban Migration as a Household Decision: Experimental Evidences from the Mekong Delta, Vietnam," Working Papers 17, Development and Policies Research Center (DEPOCEN), Vietnam.
    9. Siegfried, Nikolaus & Schiopu, Ioana, 2006. "Determinants of workers' remittances: evidence from the European Neighbouring Region," Working Paper Series 688, European Central Bank.
    10. Funkhouser, Edward, 1995. "Remittances from International Migration: A Comparison of El Salvador and Nicaragua," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 137-146, February.
    11. Catalina Amuedo-Dorantes & Susan Pozo, 2006. "Remittances as insurance: evidence from Mexican immigrants," Journal of Population Economics, Springer;European Society for Population Economics, vol. 19(2), pages 227-254, June.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    International migration; Remittances; Two-part model; Transition countries; Central and Eastern Europe;

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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