Macroeconomic Determinants of Migrants’ Remittances: Evidence from a Panel of Developing Countries

Moussir, Charaf-Eddine and Tabit, Safaa (2016): Macroeconomic Determinants of Migrants’ Remittances: Evidence from a Panel of Developing Countries. Forthcoming in:

Abstract

This work aims to assess the various macroeconomic determinants of migrants’ remittances for a panel of 22 developing countries highly dependent observed over the period 1990 to 2014. The results underline the importance of the origin country’s GDP, the host country’s GDP, inflation, financial development and institutional quality as major determinants of personal remittances. However, the migrant stock, the official exchange rate and the real interest rate in the country of origin do not have a significant influence on remittances received by the panel considered.

• Item Type: MPRA Paper
• Language: English
• Keywords: Remittances, International Migration, Panel data, Developing countries.
• Subjects: C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C23 - Panel Data Models ; Spatio-temporal Models; F - International Economics > F2 - International Factor Movements and International Business > F22 - International Migration; F - International Economics > F2 - International Factor Movements and International Business > F24 - Remittances; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General

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