International Remittances and the Household : Analysis and Review of Global Evidence

This paper examines the economic impact of international remittances on countries and households in the developing world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set of 115 de...

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Main Author:	Adams, Richard H., Jr.
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AMOUNT OF REMITTANCES AVERAGE INCOME BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS CAPITA INCOME CAPITA REMITTANCES CAPITAL INVESTMENTS CAPITAL VARIABLE CHILD HEALTH CITIZENS COMPENSATION OF EMPLOYEES COUNTERFACTUAL COUNTRIES CREDIT CONSTRAINTS DATA SET DEPENDENT VARIABLE DETERMINANTS OF REMITTANCES DEVELOPING COUNTRIES DEVELOPING WORLD ECONOMETRIC MODEL ECONOMIC DEVELOPMENT ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC THEORY EMPIRICAL STUDIES EMPIRICAL WORK EMPLOYMENT OPPORTUNITIES EXCHANGE RATE EXPLANATORY VARIABLES FINANCIAL CRISIS FOOD CONSUMPTION GINI COEFFICIENT GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HEALTH OUTCOMES HOUSEHOLD BUDGET HOUSEHOLD CONSUMPTION HOUSEHOLD DATA HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD LEVEL HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN CAPITAL IMPACT OF REMITTANCES INCOME DISTRIBUTION INCOME GROUPS INCOME INEQUALITY INCOMES INCREASE IN REMITTANCES INDIVIDUAL HOUSEHOLDS INEQUALITY INFANT INFANT MORTALITY INTERNATIONAL MIGRANT INTERNATIONAL MIGRANTS INTERNATIONAL MIGRATION INTERNATIONAL REMITTANCE INTERNATIONAL REMITTANCES LATIN AMERICAN LEVEL OF EDUCATION LEVEL OF POVERTY LOCAL COMMUNITY LOCAL ECONOMY LOW INCOME MIGRANT MIGRANT WORKERS MIGRANTS MIGRATION PATTERNS NATIONAL POVERTY NATIONAL POVERTY LINE PER CAPITA INCOME PER CAPITA INCOMES POLICY RESEARCH POLICY RESEARCH WORKING PAPER POOR POOR HOUSEHOLDS POOR PEOPLE POPULATION DENSITY POSITIVE EFFECT POVERTY GAP POVERTY GAP INDEX POVERTY HEADCOUNT POVERTY HEADCOUNT INDEX POVERTY LINE POVERTY MEASURE POVERTY OUTCOMES POVERTY STATUS PROGRESS REMITTANCE REMITTANCE DATA REMITTANCE FLOWS REMITTANCE MONIES REMITTANCE RECEIVING REMITTANCE RECEIVING HOUSEHOLDS REMITTANCE TRANSFERS REMITTANCE-RECEIVING HOUSEHOLDS REMITTANCES RESOURCE FLOWS RESPECT RETURN MIGRANTS RURAL RURAL AREAS RURAL POVERTY SAVINGS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL EDUCATION SIGNIFICANT EFFECT SMALL ENTERPRISES TRANSPORTATION URBAN AREAS WORKER REMITTANCES WORLD POPULATION
Online Access:	http://documents.worldbank.org/curated/en/2007/02/7335587/international-remittances-household-analysis-review-global-evidence http://hdl.handle.net/10986/7146

id	okr-10986-7146
recordtype	oai_dc
spelling	okr-10986-71462021-04-23T14:02:32Z International Remittances and the Household : Analysis and Review of Global Evidence Adams, Richard H., Jr. AMOUNT OF REMITTANCES AVERAGE INCOME BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS CAPITA INCOME CAPITA REMITTANCES CAPITAL INVESTMENTS CAPITAL VARIABLE CHILD HEALTH CITIZENS COMPENSATION OF EMPLOYEES COUNTERFACTUAL COUNTRIES CREDIT CONSTRAINTS DATA SET DEPENDENT VARIABLE DETERMINANTS OF REMITTANCES DEVELOPING COUNTRIES DEVELOPING WORLD ECONOMETRIC MODEL ECONOMIC DEVELOPMENT ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC THEORY EMPIRICAL STUDIES EMPIRICAL WORK EMPLOYMENT OPPORTUNITIES EXCHANGE RATE EXPLANATORY VARIABLES FINANCIAL CRISIS FOOD CONSUMPTION GINI COEFFICIENT GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HEALTH OUTCOMES HOUSEHOLD BUDGET HOUSEHOLD CONSUMPTION HOUSEHOLD DATA HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD LEVEL HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN CAPITAL IMPACT OF REMITTANCES INCOME DISTRIBUTION INCOME GROUPS INCOME INEQUALITY INCOMES INCREASE IN REMITTANCES INDIVIDUAL HOUSEHOLDS INEQUALITY INFANT INFANT MORTALITY INTERNATIONAL MIGRANT INTERNATIONAL MIGRANTS INTERNATIONAL MIGRATION INTERNATIONAL REMITTANCE INTERNATIONAL REMITTANCES LATIN AMERICAN LEVEL OF EDUCATION LEVEL OF POVERTY LOCAL COMMUNITY LOCAL ECONOMY LOW INCOME MIGRANT MIGRANT WORKERS MIGRANTS MIGRATION PATTERNS NATIONAL POVERTY NATIONAL POVERTY LINE PER CAPITA INCOME PER CAPITA INCOMES POLICY RESEARCH POLICY RESEARCH WORKING PAPER POOR POOR HOUSEHOLDS POOR PEOPLE POPULATION DENSITY POSITIVE EFFECT POVERTY GAP POVERTY GAP INDEX POVERTY HEADCOUNT POVERTY HEADCOUNT INDEX POVERTY LINE POVERTY MEASURE POVERTY OUTCOMES POVERTY STATUS PROGRESS REMITTANCE REMITTANCE DATA REMITTANCE FLOWS REMITTANCE MONIES REMITTANCE RECEIVING REMITTANCE RECEIVING HOUSEHOLDS REMITTANCE TRANSFERS REMITTANCE-RECEIVING HOUSEHOLDS REMITTANCES RESOURCE FLOWS RESPECT RETURN MIGRANTS RURAL RURAL AREAS RURAL POVERTY SAVINGS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL EDUCATION SIGNIFICANT EFFECT SMALL ENTERPRISES TRANSPORTATION URBAN AREAS WORKER REMITTANCES WORLD POPULATION This paper examines the economic impact of international remittances on countries and households in the developing world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set of 115 developing countries. Results suggest that countries located close to a major remittance-sending region (like the United States, OECD-Europe) are more likely to receive international remittances, and that while the level of poverty in a country has no statistical effect on the amount of remittances received, for those countries which are fortunate enough to receive remittances, these resource flows do tend to reduce the level and depth of poverty. At the household level, a review of findings from recent research suggest that households receiving international remittances spend less at the margin on consumption goods-like food-and more on investment goods-like education and housing. Households receiving international remittances also tend to invest more in entrepreneurial activities. 2012-06-05T18:17:29Z 2012-06-05T18:17:29Z 2007-02 http://documents.worldbank.org/curated/en/2007/02/7335587/international-remittances-household-analysis-review-global-evidence http://hdl.handle.net/10986/7146 English Policy Research Working Paper; No. 4116 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AMOUNT OF REMITTANCES AVERAGE INCOME BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS CAPITA INCOME CAPITA REMITTANCES CAPITAL INVESTMENTS CAPITAL VARIABLE CHILD HEALTH CITIZENS COMPENSATION OF EMPLOYEES COUNTERFACTUAL COUNTRIES CREDIT CONSTRAINTS DATA SET DEPENDENT VARIABLE DETERMINANTS OF REMITTANCES DEVELOPING COUNTRIES DEVELOPING WORLD ECONOMETRIC MODEL ECONOMIC DEVELOPMENT ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC THEORY EMPIRICAL STUDIES EMPIRICAL WORK EMPLOYMENT OPPORTUNITIES EXCHANGE RATE EXPLANATORY VARIABLES FINANCIAL CRISIS FOOD CONSUMPTION GINI COEFFICIENT GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HEALTH OUTCOMES HOUSEHOLD BUDGET HOUSEHOLD CONSUMPTION HOUSEHOLD DATA HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD LEVEL HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN CAPITAL IMPACT OF REMITTANCES INCOME DISTRIBUTION INCOME GROUPS INCOME INEQUALITY INCOMES INCREASE IN REMITTANCES INDIVIDUAL HOUSEHOLDS INEQUALITY INFANT INFANT MORTALITY INTERNATIONAL MIGRANT INTERNATIONAL MIGRANTS INTERNATIONAL MIGRATION INTERNATIONAL REMITTANCE INTERNATIONAL REMITTANCES LATIN AMERICAN LEVEL OF EDUCATION LEVEL OF POVERTY LOCAL COMMUNITY LOCAL ECONOMY LOW INCOME MIGRANT MIGRANT WORKERS MIGRANTS MIGRATION PATTERNS NATIONAL POVERTY NATIONAL POVERTY LINE PER CAPITA INCOME PER CAPITA INCOMES POLICY RESEARCH POLICY RESEARCH WORKING PAPER POOR POOR HOUSEHOLDS POOR PEOPLE POPULATION DENSITY POSITIVE EFFECT POVERTY GAP POVERTY GAP INDEX POVERTY HEADCOUNT POVERTY HEADCOUNT INDEX POVERTY LINE POVERTY MEASURE POVERTY OUTCOMES POVERTY STATUS PROGRESS REMITTANCE REMITTANCE DATA REMITTANCE FLOWS REMITTANCE MONIES REMITTANCE RECEIVING REMITTANCE RECEIVING HOUSEHOLDS REMITTANCE TRANSFERS REMITTANCE-RECEIVING HOUSEHOLDS REMITTANCES RESOURCE FLOWS RESPECT RETURN MIGRANTS RURAL RURAL AREAS RURAL POVERTY SAVINGS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL EDUCATION SIGNIFICANT EFFECT SMALL ENTERPRISES TRANSPORTATION URBAN AREAS WORKER REMITTANCES WORLD POPULATION
spellingShingle	AMOUNT OF REMITTANCES AVERAGE INCOME BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS CAPITA INCOME CAPITA REMITTANCES CAPITAL INVESTMENTS CAPITAL VARIABLE CHILD HEALTH CITIZENS COMPENSATION OF EMPLOYEES COUNTERFACTUAL COUNTRIES CREDIT CONSTRAINTS DATA SET DEPENDENT VARIABLE DETERMINANTS OF REMITTANCES DEVELOPING COUNTRIES DEVELOPING WORLD ECONOMETRIC MODEL ECONOMIC DEVELOPMENT ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC THEORY EMPIRICAL STUDIES EMPIRICAL WORK EMPLOYMENT OPPORTUNITIES EXCHANGE RATE EXPLANATORY VARIABLES FINANCIAL CRISIS FOOD CONSUMPTION GINI COEFFICIENT GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HEALTH OUTCOMES HOUSEHOLD BUDGET HOUSEHOLD CONSUMPTION HOUSEHOLD DATA HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD LEVEL HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN CAPITAL IMPACT OF REMITTANCES INCOME DISTRIBUTION INCOME GROUPS INCOME INEQUALITY INCOMES INCREASE IN REMITTANCES INDIVIDUAL HOUSEHOLDS INEQUALITY INFANT INFANT MORTALITY INTERNATIONAL MIGRANT INTERNATIONAL MIGRANTS INTERNATIONAL MIGRATION INTERNATIONAL REMITTANCE INTERNATIONAL REMITTANCES LATIN AMERICAN LEVEL OF EDUCATION LEVEL OF POVERTY LOCAL COMMUNITY LOCAL ECONOMY LOW INCOME MIGRANT MIGRANT WORKERS MIGRANTS MIGRATION PATTERNS NATIONAL POVERTY NATIONAL POVERTY LINE PER CAPITA INCOME PER CAPITA INCOMES POLICY RESEARCH POLICY RESEARCH WORKING PAPER POOR POOR HOUSEHOLDS POOR PEOPLE POPULATION DENSITY POSITIVE EFFECT POVERTY GAP POVERTY GAP INDEX POVERTY HEADCOUNT POVERTY HEADCOUNT INDEX POVERTY LINE POVERTY MEASURE POVERTY OUTCOMES POVERTY STATUS PROGRESS REMITTANCE REMITTANCE DATA REMITTANCE FLOWS REMITTANCE MONIES REMITTANCE RECEIVING REMITTANCE RECEIVING HOUSEHOLDS REMITTANCE TRANSFERS REMITTANCE-RECEIVING HOUSEHOLDS REMITTANCES RESOURCE FLOWS RESPECT RETURN MIGRANTS RURAL RURAL AREAS RURAL POVERTY SAVINGS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL EDUCATION SIGNIFICANT EFFECT SMALL ENTERPRISES TRANSPORTATION URBAN AREAS WORKER REMITTANCES WORLD POPULATION Adams, Richard H., Jr. International Remittances and the Household : Analysis and Review of Global Evidence
relation	Policy Research Working Paper; No. 4116
description	This paper examines the economic impact of international remittances on countries and households in the developing world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set of 115 developing countries. Results suggest that countries located close to a major remittance-sending region (like the United States, OECD-Europe) are more likely to receive international remittances, and that while the level of poverty in a country has no statistical effect on the amount of remittances received, for those countries which are fortunate enough to receive remittances, these resource flows do tend to reduce the level and depth of poverty. At the household level, a review of findings from recent research suggest that households receiving international remittances spend less at the margin on consumption goods-like food-and more on investment goods-like education and housing. Households receiving international remittances also tend to invest more in entrepreneurial activities.
format	Publications & Research :: Policy Research Working Paper
author	Adams, Richard H., Jr.
author_facet	Adams, Richard H., Jr.
author_sort	Adams, Richard H., Jr.
title	International Remittances and the Household : Analysis and Review of Global Evidence
title_short	International Remittances and the Household : Analysis and Review of Global Evidence
title_full	International Remittances and the Household : Analysis and Review of Global Evidence
title_fullStr	International Remittances and the Household : Analysis and Review of Global Evidence
title_full_unstemmed	International Remittances and the Household : Analysis and Review of Global Evidence
title_sort	international remittances and the household : analysis and review of global evidence
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2007/02/7335587/international-remittances-household-analysis-review-global-evidence http://hdl.handle.net/10986/7146
_version_	1764401425440309248

International Remittances and the Household : Analysis and Review of Global Evidence

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