Macroeconomic Determinants of Remittances: Evidence from India
By Poonam Gupta. Social Science Research Network, 2005
188 citations recorded by the source corpus.
Remittances to India have been growing rapidly since 1991, making it one of the largest recipients of remittances. This paper analyzes the determinants of remittances to India and finds that their growth over time can be explained by the increase in migration and total earnings of the migrants. Remittances are also affected by the economic environment in source countries, and appear to be countercyclicalthat is, higher during periods of low economic growth in India. None of the remaining economic or political variables considered in the paper, including political uncertainty, interest rates, or exchange rate depreciation, are found to affect remittances significantly.
Subfields: Demography, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/d58e7e93d4b21d52b3ecc0b8ea091f9b4f35e1e6
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In Demography
In Sociology and Political Science
Citations in the corpus
- The Determinants of Remittances: A Review of the Literature (2007, background): “8 Some papers do find this relationship (de la Briere et al (1997), Hoddinott (1994), Pleitez-Chavez (2004), Schrieder & Knerr (2000)), but others do not (Durand et al (1996), Germenji et al (2001), Holst & Schrooten (2006), Lucas & Stark (1985), Osaki (2003), Schrieder & Knerr (2000) ).”