Remittances, Business Cycles and Poverty
The Recent Turkish Experience
Bibliographic Data
| ID | 9952573 |
|---|---|
| Authors | Serdar Sayan (0000-0001-5065-1344, Oregon State University, corresponding author), Ayça Tekin‐Koru (0000-0002-0817-9055, Oregon State University) |
| Year | 2010 |
| Volume | 50 |
| Issue | s1 |
| Publication date | 2010-02-19 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Migration (JOURNAL) |
| Journal identifiers | ISSN: 0020-7985 • E-ISSN: 1468-2435 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-2435.2009.00591.x |
| OpenAlex | W2159447417 |
| Language | EN |
| Citations received | 7 |
| References cited | 20 |
We investigate whether remittances sent to Turkey by Turkish workers living in Germany are countercyclical or procyclical with Turkish and German national outputs and discuss possible reasons underlying the resulting patterns and their implications. We also take up a previously unexplored issue and discuss poverty alleviation potential of remittances at a macroeconomic level by examining the statistical properties of any co‐movements between remittances cycles and cycles in consumption spending on food and durable goods in Turkey. Our results reveal that real remittance flows from Germany to Turkey move procyclically with the real output in Turkey, and are primarily driven by (largely independent of) the developments in the Turkish economy (German economy). We also find that remittances cycles remain procyclical to the consumption cycles throughout our sample period. This direct co‐movement between the two cycles becomes synchronous, however, only after a phase shift occurring around 1992, pointing to the increasing role of the level of economic activity in Turkey as the leading determinant of remittance receipts from Germany and the declining strength of consumption smoothing motive over time. Our results all together point out a low potential for remittances sent from Germany to reduce poverty in Turkey, at least as far as the past fifteen years are concerned
Business cycle · Consumption (sociology · Consumption smoothing · Demographic economics · Development economics · Economic growth · Economics · Economy · Geography · German · Goods and services · Macroeconomics · Poverty · Remittance · Turkish · Turkish economy · Economic Policies and Impacts · Fiscal Policy and Economic Growth · Migration and Labor Dynamics
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Remitting Behaviour of Turkish Migrants
The Implementation of Voting from Abroad
Remittances and Energy Consumption
Socioeconomic Implications of Foreign Remittances and Human Capital Flight in Africa
Remittances and the Business Cycle
Remittances
Postwar U.S. Business Cycles
Remittances and Development
Migration, Remittances and Development
Why Are the Beveridge-Nelson and Unobserved-Components Decompositions of GDP So Different
Remittances from international migration
Remittances, financial development, and growth
International Migrants’ Remittances and Welfare Status of the Left-Behind Families in Turkey
| Citations per year | 0.41 |
|---|---|
| Citation span | 2009 - 2026 (18) |
| Highly cited | No |