Transferts Financiers des Migrants et développement en Afrique subsaharienne
The purpose of this paper is to analyze the relationship Workers’ Remittances, poverty, and economic growth in Sub-Saharan African countries. Workers’ Remittances seem to affect the economic development of recipient countries in the same way as Official Development Aid and Foreign Direct Investment. To achieve this objective, we use the fixed effects panel regression models to determine the link between Remittances and poverty on the one hand, Remittances and growth on the other. Recourse to the instrumental variables method turned out to be better for the estimation of the poverty model, while the standard error correction method proved to be well suited for the estimation of the growth model. Empirical results reveal that, Remittances inflows do not contribute significantly to the reduction of poverty. However, it is important to note that Workers’ Remittances seem to be a key element in boosting economic growth in the same manner as investment. Thus, if decision makers allocate a substantial percentage of the fruits derived from this growth to investment in the development of human capital, physical and basic social infrastructures, it is very likely that poverty will be reduced in the long term.
|Date of creation:||2012|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
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.:
- Gupta, Sanjeev & Pattillo, Catherine A. & Wagh, Smita, 2009. "Effect of Remittances on Poverty and Financial Development in Sub-Saharan Africa," World Development, Elsevier, vol. 37(1), pages 104-115, January.
- Robert J. Barro, 1996.
"Determinants of Economic Growth: A Cross-Country Empirical Study,"
NBER Working Papers
5698, National Bureau of Economic Research, Inc.
- Robert J. Barro, 1998. "Determinants of Economic Growth: A Cross-Country Empirical Study," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262522543, December.
- Valerie Koechlin & Gianmarco Leon, 2007.
"International Remittances and Income Inequality: An Empirical Investigation,"
Journal of Economic Policy Reform,
Taylor & Francis Journals, vol. 10(2), pages 123-141.
- Valerie Koechlin & Gianmarco Leon, 2007. "International Remittances and Income Inequality: An Empirical Investigation," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 10(2), pages 123-141.
- Gianmarco León & Valerie Koechlin, 2006. "International Remittances and Income Inequality: An Empirical Investigation," IDB Publications (Working Papers) 6716, Inter-American Development Bank.
- Gianmarco León & Valerie Koechlin, 2006. "International Remittances and Income Inequality: An Empirical Investigation," Research Department Publications 4475, Inter-American Development Bank, Research Department.
- Christian EBEKE, 2010.
"Transferts des migrants, ouverture sur l'extérieur et dépenses publiques dans les pays en développement,"
- Christian Hubert Ebeke, 2011. "Transferts des migrants, ouverture sur l'extérieur et dépenses publiques dans les pays en développement," Working Papers halshs-00552983, HAL.
- Lisa Chauvet & Sandrine Mesplé-Somps, 2007. "L'aide publique au développement et les investissements directs étrangers en afrique sont-ils complémentaires ?," Revue Tiers-Monde, Armand Colin, vol. 0(4), pages 815-831.
- Dalia S Hakura & Ralph Chami & Peter J Montiel, 2009. "Remittances; An Automatic Output Stabilizer?," IMF Working Papers 09/91, International Monetary Fund.
- 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.
- Collier, Paul & Dollar, David, 1999.
"Aid allocation and poverty reduction,"
Policy Research Working Paper Series
2041, The World Bank.
- de la Fuente, Alejandro, 2008. "Remittances and Vulnerability to Poverty in Rural Mexico," Working Paper Series RP2008/17, World Institute for Development Economic Research (UNU-WIDER).
- Richard H. Adams, Jr. & John Page, 2003. "International migration, remittances, and poverty in developing countries," Policy Research Working Paper Series 3179, The World Bank.
- Giuliano, Paola & Ruiz-Arranz, Marta, 2006.
"Remittances, Financial Development, and Growth,"
IZA Discussion Papers
2160, Institute for the Study of Labor (IZA).
- Linda Camp Keith, 1999. "The United Nations International Covenant on Civil and Political Rights: Does It Make a Difference in Human Rights Behavior?," Journal of Peace Research, Peace Research Institute Oslo, vol. 36(1), pages 95-118, January.
- Matteo Bugamelli & Francesco Paternò, 2011.
"Output Growth Volatility and Remittances,"
London School of Economics and Political Science, vol. 78(311), pages 480-500, 07.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:38139. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.