Remittances, Institutions, and Economic Growth

There is considerable debate regarding the relative contribution of international migrants' remittances to sustainable economic development. While officially recorded remittances to developing countries have increased over the last decade, research has not come to a consensus over whether remit...

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Main Authors:	Catrinescu, Natalia, Leon-Ledesma, Miguel, Piracha, Matloob, Quillin, Bryce
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Institutions: Design, Formation, and Operations D020 International Migration F220 Remittances F240 Macroeconomic Analyses of Economic Development O110 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470
Online Access:	http://hdl.handle.net/10986/5501

id	okr-10986-5501
recordtype	oai_dc
spelling	okr-10986-55012021-04-23T14:02:22Z Remittances, Institutions, and Economic Growth Catrinescu, Natalia Leon-Ledesma, Miguel Piracha, Matloob Quillin, Bryce Institutions: Design, Formation, and Operations D020 International Migration F220 Remittances F240 Macroeconomic Analyses of Economic Development O110 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 There is considerable debate regarding the relative contribution of international migrants' remittances to sustainable economic development. While officially recorded remittances to developing countries have increased over the last decade, research has not come to a consensus over whether remittances have a positive or negative impact on long-run growth. This paper argues that contradictory findings have emerged when looking at the remittances-growth link because of an omitted variable bias: specifically, remittances will be more likely to contribute to longer-term growth in countries with higher quality political and economic policies and institutions. 2012-03-30T07:33:08Z 2012-03-30T07:33:08Z 2009 Journal Article World Development 0305750X http://hdl.handle.net/10986/5501 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Institutions: Design, Formation, and Operations D020 International Migration F220 Remittances F240 Macroeconomic Analyses of Economic Development O110 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470
spellingShingle	Institutions: Design, Formation, and Operations D020 International Migration F220 Remittances F240 Macroeconomic Analyses of Economic Development O110 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Catrinescu, Natalia Leon-Ledesma, Miguel Piracha, Matloob Quillin, Bryce Remittances, Institutions, and Economic Growth
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	There is considerable debate regarding the relative contribution of international migrants' remittances to sustainable economic development. While officially recorded remittances to developing countries have increased over the last decade, research has not come to a consensus over whether remittances have a positive or negative impact on long-run growth. This paper argues that contradictory findings have emerged when looking at the remittances-growth link because of an omitted variable bias: specifically, remittances will be more likely to contribute to longer-term growth in countries with higher quality political and economic policies and institutions.
format	Journal Article
author	Catrinescu, Natalia Leon-Ledesma, Miguel Piracha, Matloob Quillin, Bryce
author_facet	Catrinescu, Natalia Leon-Ledesma, Miguel Piracha, Matloob Quillin, Bryce
author_sort	Catrinescu, Natalia
title	Remittances, Institutions, and Economic Growth
title_short	Remittances, Institutions, and Economic Growth
title_full	Remittances, Institutions, and Economic Growth
title_fullStr	Remittances, Institutions, and Economic Growth
title_full_unstemmed	Remittances, Institutions, and Economic Growth
title_sort	remittances, institutions, and economic growth
publishDate	2012
url	http://hdl.handle.net/10986/5501
_version_	1764395277368688640

Remittances, Institutions, and Economic Growth

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