The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages write by Hector Perez-Saiz. This book was released on 2019-08-16. The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages available in PDF, EPUB and Kindle. We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s remittances propagates through the network of input-output linkages in Sub-Saharan African countries. We first propose two network centrality measures to assess the role of some sectors as key input providers in the economy. Then, we use these measures to quantify the effect of sectoral linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially prominent in the case of the financial intermediation sector. Our paper contributes to the emerging macroeconomic literature on the propagation of shocks across sectors and the implications for the whole economy.
Migration and Remittances
Migration and Remittances - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Migration and Remittances write by Yoko Niimi. This book was released on 2006. Migration and Remittances available in PDF, EPUB and Kindle. The authors empirically examine the determinants of remittance flows at the cross-country level. They consider, among other things, the significance of the level of migration, the education level of migrants, and financial sector development in determining remittances. Given the potential endogeneity problems, the migration and financial development variables are instrumented in the estimation. They find that the migration level is the main driver of remittance flows, even after controlling for the endogeneity bias through instrumental variable estimation. The authors also find that the education level of migrants relative to the population in home countries, the size of the economy, and the level of economic development of recipient countries adversely affect remittance flows. While they find the effect of financial sector development to be positive, its significance is not strongly supported in their analysis.
Global Economic Prospects 2006
Global Economic Prospects 2006 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Economic Prospects 2006 write by . This book was released on . Global Economic Prospects 2006 available in PDF, EPUB and Kindle. International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.
Remittance Concentration and Volatility: Evidence from 72 Developing Countries
Remittance Concentration and Volatility: Evidence from 72 Developing Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Remittance Concentration and Volatility: Evidence from 72 Developing Countries write by Amr Hosny. This book was released on 2020-01-17. Remittance Concentration and Volatility: Evidence from 72 Developing Countries available in PDF, EPUB and Kindle. This paper contributes to the literature by introducing the role of geographic concentration of the source of remittances. Specifically, using data over 2010-2015 for 72 developing countries, we study the impact of (i) large remittances and (ii) the geographic concentration of the source of remittances on economic volatilities. Results suggest that while (i) large remittances can be stabilizing on average, (ii) high remittance concentration from source countries can aggravate economic volatilities in recipient countries. Results are robust to global shocks affecting both source and recipient countries, and volatility in the remittance-sending country.
Open and Closed Economies
Open and Closed Economies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Open and Closed Economies write by Roderick Macdonald. This book was released on 2021-11-23. Open and Closed Economies available in PDF, EPUB and Kindle. This book compares the experiences of the Philippines and Vietnam to gain insight into how openness to trade and financing can increase prosperity. In contrast, theoretical and empirical work in the 20th and early 21st centuries have returned mixed results regarding this assertion. The book also demonstrates the impracticality of any attempt to pursue prosperity in isolation. Chapter 1 discusses recent data and research on international trade and capital mobility. Chapter 2 describes the economy of Vietnam that has grown rapidly since beginning to open in 1994. Chapter 3 relates the stagnation of the Philippines as it remained closed from 1960 to 1994 and examines the recent rapid growth in spite of the continued relative restrictiveness of Philippine policy. Chapter 4 compares the two experiences and then conjectures about the feasibility of a prosperous autarky.
