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Journal of Marriage and Family, 71(4). The positives are such that migration brings people into contact with entirely new ways of life. Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USAGraham Bird, Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USA.Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USAClaremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USAGraham Bird, Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USA.Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USAUse the link below to share a full-text version of this article with your friends and colleagues. Similarly the use of non‐overlapping 5‐year averages may not remove all cyclicality and the choice of a 5‐year period remains somewhat arbitrary. The authors are grateful for the comments from an anonymous referee and the editor, which helped greatly in revising an earlier version of the article.Please check your email for instructions on resetting your password. This, having been said, further tests for Granger causality only identified the causal connection running from remittances to growth. There are three crucial factors that affect the development potential of remittances: Firstly, the literature suffers from a lack of remittance data in developing countries. Second, there was a rapid increase in FDI in the mid‐2000s but a subsequent decline and leveling off in the period after the global economic and financial crisis in 2008–2009. Moreover, there may be an important element of endogeneity that our estimations are not picking up, with poor‐performing economies attracting larger amounts of aid. However, the latter effect will be negated to some extent if the better‐educated workforce emigrates (“brain drain”).
The control variables in our estimations show that inflation and current account deficits have a significant and negative impact on economic growth.The relationship between foreign aid and economic growth is complex and works through numerous channels. In 2013, developing countries were expected to receive $414 billion in remittances – money sent back home by migrant workers. In addition to these considerations, our estimations cover a lengthy period of time and a large range of countries.The negative relationship we report may reflect a number of things. This may bias the results.Three recent studies attempt to fill this gap, but they vary in terms of their sample, methodology, and results.
Not only may they vary in size but also in direction. Remittances, Poverty, and Investment in Guatemala.Chami, R., Barajas, A., & Cosimano, T. (2008). The gendered politics of remittances in Ghanian transnational families. The net effect depends largely on the ways in which the related resources are used. Finally, the effects of FDI may depend on the sector of the economy in which it occurs, because the marginal efficiency of capital is likely to vary across sectors.There is a large volume of literature that examines the modalities through which foreign aid may affect economic growth.
Journal of Marriage and Family, 71(4). The positives are such that migration brings people into contact with entirely new ways of life. Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USAGraham Bird, Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USA.Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USAClaremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USAGraham Bird, Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USA.Claremont Graduate University and Claremont Institute for Economic Policy Studies, Claremont, CA, USAUse the link below to share a full-text version of this article with your friends and colleagues. Similarly the use of non‐overlapping 5‐year averages may not remove all cyclicality and the choice of a 5‐year period remains somewhat arbitrary. The authors are grateful for the comments from an anonymous referee and the editor, which helped greatly in revising an earlier version of the article.Please check your email for instructions on resetting your password. This, having been said, further tests for Granger causality only identified the causal connection running from remittances to growth. There are three crucial factors that affect the development potential of remittances: Firstly, the literature suffers from a lack of remittance data in developing countries. Second, there was a rapid increase in FDI in the mid‐2000s but a subsequent decline and leveling off in the period after the global economic and financial crisis in 2008–2009. Moreover, there may be an important element of endogeneity that our estimations are not picking up, with poor‐performing economies attracting larger amounts of aid. However, the latter effect will be negated to some extent if the better‐educated workforce emigrates (“brain drain”).
The control variables in our estimations show that inflation and current account deficits have a significant and negative impact on economic growth.The relationship between foreign aid and economic growth is complex and works through numerous channels. In 2013, developing countries were expected to receive $414 billion in remittances – money sent back home by migrant workers. In addition to these considerations, our estimations cover a lengthy period of time and a large range of countries.The negative relationship we report may reflect a number of things. This may bias the results.Three recent studies attempt to fill this gap, but they vary in terms of their sample, methodology, and results.
Not only may they vary in size but also in direction. Remittances, Poverty, and Investment in Guatemala.Chami, R., Barajas, A., & Cosimano, T. (2008). The gendered politics of remittances in Ghanian transnational families. The net effect depends largely on the ways in which the related resources are used. Finally, the effects of FDI may depend on the sector of the economy in which it occurs, because the marginal efficiency of capital is likely to vary across sectors.There is a large volume of literature that examines the modalities through which foreign aid may affect economic growth.