Remittances and Economic Growth: Larger Impacts in Smaller Countries?
By S. Feeny, Sasi Iamsiraroj, M. McGillivray. 2014
116 citations recorded by the source corpus.
Abstract This paper examines the impact of remittances on economic growth in Small Island Developing States (SIDS). Results from variants of an empirical model suggest that while, on average, there is at best no association between remittances and growth in developing countries, there is a positive association between these variables in SIDS. This finding holds for SIDS in sub-Saharan Africa and the Pacific but not for those in Latin America and the Caribbean. Relationships between remittances, economic volatility, and household labour supply are offered as reasons for these findings.
Subfields: Demography, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/8215ae465b5327e19581cfe0678039d60995658d
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Citations in the corpus
- Do remittances improve income inequality? An instrumental variable quantile analysis of the Kenyan case (2016, background): “…2011), the balance of the literature finds that remittances have had a positive impact on economic growth (Catrinescu et al., 2009; Ziesemer, 2012; Feeny et al., 2014particularly by stimulating financial development (Giuliano and Ruiz-Arranz, 2009; Mundaca, 2009; Aggarwal et al. 2011; Chowdhury,…”
- Why Don't Remittances Appear to Affect Growth? (2014, unknown): “Feeny et al. (2014) find no positive association between remittances and growth overall, but do find a positive association for a subset of countries: small island nations in Africa and the Pacific.”