The impact of COVID-19 government responses on remittances in Latin American countries

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comunitat-uji-handle2:10234/8643

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Metadatos

Título
The impact of COVID-19 government responses on remittances in Latin American countries
Autoría
 Cardozo-Silva, Adriana R.;
 Díaz Pavez, Luis R.Orcid;
 Martinez-Zarzoso, Inmaculada;
 Nowak-Lehmann D., Felicitas
Fecha de publicación
2021-12-30
Editor
Wiley
URI
http://hdl.handle.net/10234/199830
DOI
https://doi.org/10.1002/jid.3606
ISSN
0954-1748; 1099-1328
Cita bibliográfica
Cardozo Silva, A. R., Diaz Pavez, L. R., Martínez-Zarzoso, I., & Nowak-Lehmann, F.(2022). The impact of COVID-19 government responses on remittances in Latin American countries.Journalof International Development,34(4), 803–822.https://doi.org/10.1002/jid.3606822
Tipo de documento
info:eu-repo/semantics/article
Versión
info:eu-repo/semantics/publishedVersion
Palabras clave / Materias
Materia JEL
F10 | O10
Resumen
Workers' remittances declined sharply as the COVID-19 pandemic spread in the first half of 2020, rebounding in the second half. This paper analyses the impact of containment and economic support measures on remittances ... [+]
Workers' remittances declined sharply as the COVID-19 pandemic spread in the first half of 2020, rebounding in the second half. This paper analyses the impact of containment and economic support measures on remittances sent to Latin America during 2019–2020 using a gravity model estimated with the Poisson pseudo-maximum likelihood estimator (PPML). Results show that containment measures in receiving countries mainly explain the fall in remittance flows, whereas the effect of economic support measures is not robust. Among the traditional explanatory factors, the business cycle and the real exchange rate in receiving countries explain the subsequent recovery of remittances. [-]
Publicado en
J. Int. Dev. 2022;34:803–822.
Entidad financiadora
Ministerio de Ciencia e Innovación of Spain (MICINN) | Generalitat Valenciana | Universitat Jaume I
Código del proyecto o subvención
PID2020-114646RB-C42 | MCIN-AEI/10.13039/501100011033 | PROMETEO2018/108 | UJI-B2020-57
Derechos de acceso
info:eu-repo/semantics/openAccess
Aparece en las colecciones
This is an open access article under the terms of the Creative Commons Attribution-NonCommercial License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited and is not used for commercial purposes. © 2021 The Authors. Journal of International Development published by John Wiley & Sons Ltd.
Excepto si se señala otra cosa, la licencia del ítem se describe como: This is an open access article under the terms of the Creative Commons Attribution-NonCommercial License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited and is not used for commercial purposes. © 2021 The Authors. Journal of International Development published by John Wiley & Sons Ltd.