Do Transfer Costs Matter for Foreign Remittances? A Gravity Model Approach
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INVESTIGACIONMetadatos
Título
Do Transfer Costs Matter for Foreign Remittances? A Gravity Model ApproachFecha de publicación
2016Editor
Kiel Institute for the World EconomyISSN
1864-6042Cita bibliográfica
AHMED, Junaid; MARTÍNEZ-ZARZOSO, Inmaculada. Do transfer costs matter for foreign remittances? A gravity model approach. Economics: The Open-Access, Open Assessment E-Journal, 2016, vol. 10, no 4, p. 1—36Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
http://www.economics-ejournal.org/economics/journalarticles/2016-4Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
Using bilateral data on remittance flows to Pakistan for 23 major host countries, this is the first study that examines the effect of transaction costs on foreign remittances. The authors find that the effect of ... [+]
Using bilateral data on remittance flows to Pakistan for 23 major host countries, this is the first study that examines the effect of transaction costs on foreign remittances. The authors find that the effect of transaction costs on remittance flows is negative and significant; suggesting that a high cost will either refrain migrants from sending money back home or make them remit through informal channels. They also find that remittances are facilitated by the existence of migrant networks and improvements in home and host country financial services. Distance, which has been used in previous studies as an indicator of the cost of remitting, is found to be a poor proxy. [-]
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Economics: The Open-Access, Open Assessment E-Journal, 2016, vol. 10, no 4Derechos de acceso
info:eu-repo/semantics/openAccess
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- IEI_Articles [116]
- ECO_Articles [693]
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