An Evaluation of the Determinants of Remittances
Evidence from Nigeria
Bibliographic Data
| ID | 13112604 |
|---|---|
| Authors | Temitope J Laniran (0000-0003-3649-8077, University of Ibadan, corresponding author), Daniel Adeniyi (University of Ibadan) |
| Year | 2015 |
| Volume | 1 |
| Issue | 2 |
| Publication date | 2015-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | AFRICAN HUMAN MOBILITY REVIEW (JOURNAL) |
| Journal identifiers | ISSN: 2410-7972 • E-ISSN: 2411-6955 |
| Publisher | University of the Western Cape Library Service (PUBLISHER) |
| DOI | 10.14426/ahmr.v1i2.739 |
| OpenAlex | W2556335888 |
| Language | EN |
| Citations received | 3 |
| References cited | 22 |
International remittances have grown to become an integral source of finance for development. Existing literature posits that there is an association between remittances and growth in developing countries. Economic growth models highlight the importance of capital accumulation and high level financial flows, the inadequacy of which characterizes developing countries and often explains their fate. It is argued that remittances will provide a panacea to the serious poverty experienced in such developing economies by increasing financial flows and household income, which in turn stimulates consumption, savings, economic growth and ultimately development. The robustness of this relationship is, however, often questioned. Indeed, the propensity of remittances to achieve these aspirations very much hinges on the determining factors motivating the remitters and the magnitude of the remittances. Hence, given the significant flows of remittances to the developing countries, this study attempts an analysis of the determinants of remittances to Nigeria. Key macroeconomic variables with theoretical potentials of influencing the level of remittances received were subjected to econometric model testing using time series data from 1980 to 2013. The results indicate that the level of remittances received is more a function of portfolio motives than other macroeconomic factors
Developing country · Development economics · Economic growth · Economics · Macroeconomics · Monetary economics · Panacea (medicine · Portfolio · Poverty · Robustness (evolution · Diaspora, migration, transnational identity · Fiscal Policy and Economic Growth · Migration and Labor Dynamics · Finance
The general theory of employment, interest, and money
Give Us Your Best and Brightest
The determinants of migrant remittances
Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines
The Lost Decades
Do private transfers ‘displace’ the benefits of public transfers? Evidence from South Africa
Macroeconomic Consequences of Remittances
Remittances from International Migration
Are International Remittances Altruism or Insurance? Evidence from Guyana Using Multiple-Migrant Households
The Macroeconomic Determinants of Emigrant Remittances
The Determinants of International Remittances in Developing Countries
Effect of Remittances on Poverty and Financial Development in Sub-Saharan Africa
Remittances, transaction costs, and informality
Motives for private transfers over the life cycle
Remittances, financial development, and growth
Factors Determining Migrant Remittances
Motivations to Remit
Macroeconomic Determinants of Remittance Volatility
Worker Remittances and Capital Flows to Developing Countries
Transnational Engagement, Remittances, and Their Relationship to Development in Latin America and the Caribbean
Migration, Risk, and Liquidity Constraints in El Salvador
Towards an Alternative Perspective on Trade and Industrial Policies
| Citations per year | 0.3 |
|---|---|
| Citation span | 2016 - 2024 (9) |
| Highly cited | No |