Low-skilled emigration, remittances and economic development in India

Noushad, A. P.; Parida, Jajati Keshari; Raman, Ravi

doi:10.1080/21632324.2020.1787099

Cited by 12 publications

(12 citation statements)

References 68 publications

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“…Moreover, UAE is the primary source of remittances to India, followed by the USA and Saudi Arabia (Pandikasala et al 2020 ). We should also notice that the emigrants to Gulf nations are mainly low-skilled workers, while most migrant workers to the USA are relatively skilled (Noushad et al 2020 ). Therefore, the result implies that the Indian migrants (mostly in gulf countries) are more vulnerable to the oil price shocks.…”

Section: Empirical Results and Discussionmentioning

confidence: 99%

“…More than half of the Indian immigrant population is in GCC countries, primarily oil-producing economies (Noushad et al 2020 ). Moreover, UAE is the primary source of remittances to India, followed by the USA and Saudi Arabia (Pandikasala et al 2020 ).…”

Section: Empirical Results and Discussionmentioning

confidence: 99%

“…Several macroeconomic studies reveal that remittances contribute to India’s current account deficit by financing a large part of the balance of the trade deficit. Moreover, remittances have positive implications for the overall output growth through their direct utilisation for consumption and investment (Gupta 2006 ; Pande 2018 ; Singh and Hari 2011 ; Noushad et al 2020 ). However, little attention has been paid to explore the macroeconomic determinants of remittances in the Indian context.…”

Section: Introductionmentioning

confidence: 99%

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Macroeconomic determinants of remittances to India

Jijin

Mishra

Nithin

2021

Econ Change Restruct

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Migration and remittances have always been an exciting arena of research for economists around the globe. Remittance flows have evolved as a significant economic variable over the past decade. In several developing countries, remittances exceed the other capital inflows and value of total exports. Thus, it is widely recognised as a potential funding source for economic development in emerging economies. The inflow of remittances to India has increased tremendously in the recent past making the country the highest recipient of remittances across the globe. Remittances are an essential component that contributes to narrowing the Current Account Deficit and has always been a stable constituent of the Balance of Payment. This paper is an attempt to explore the vital macroeconomic variables which determine the remittance flows to India. Notably, we enquire into the dominant motives of remittances in the Indian context. We employ an ARDL approach to cointegration to identify the macroeconomic determinants of remittances and find those crucial variables such as exchange rate, oil price, and domestic GDP substantially impact the flow of remittances. The results also indicate that the migrants are more vulnerable to the oil price shocks in host countries. The overall findings of our study are that (1) remittances are not countercyclical in the Indian context (2) remittances are subject to weak investment motive as opposed to the altruistic motive.

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Section: Empirical Results and Discussionmentioning

confidence: 99%

Section: Empirical Results and Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Macroeconomic determinants of remittances to India

Jijin

Mishra

Nithin

2021

Econ Change Restruct

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“…Various research studies conducted on India and other developing countries have found that inflow of remittances have far reaching positive and developmental consequences including: poverty and inequality reduction, raising domestic savings and investment on human capital, boosting economic growth through increased domestic demand for goods and services etc. (Parida et al 2015 ) The best example are states of Kerala, Punjab Tamil Nadu and Gujarat which acheived development due to huge inflow of remittances (Noushad et al 2020 ).…”

Section: On Harnessing Demographic Dividendmentioning

confidence: 99%

Harnessing Demographic Dividend Before it is Lost Forever in India

Parida

Madheswaran

2023

Ind. J. Labour Econ.

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Based on the secondary data taken from Population Census, and the Employment-Unemployment Surveys and Periodic Labour Force Survey of the National Sample Survey, it is found that Indian economy is passing through a critical phase of economic development in which it is likely to lose its demographic advantage. Because, in India while about 4.5 million people were leaving agriculture every year prior to the Covid-19 pandemic years, the non-farm sectors job was not growing adequately to accommodate the persons leaving agriculture, and the newly educated non-farm job seekers. As a result there was an upsurge in educated youth unemployment (18% and about 24 million) rate, and hence the discouraged youth labour force. On the other hand, an increase in the share (from 8.0 to 10.2%) and growth (3.0–5.1%) of elderly population put a question on the process of harnessing demographic dividend in India. Based on these findings it is argued that an integrated approach of development is necessary to boost the labour force participation of youth and overall population to boost the growth of per capita national state domestic product (NSDP) in Indian states. This could be achieved through the promotion of micro and small enterprises along with infrastructure development along with a systematic emigration and remittances policy.

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“…A nuanced scholarship also exists which focuses on the structural transformations that have occurred in different parts of India due to emigration especially in terms of evaluating the impact of remittances sent by emigrants on development of the sending regions (Bhagat et al, 2013;Noushad et al, 2020;Upadhya & Rutten, 2012). Studies have also focused on understanding its impact on (a)socio-economic inequalities in the sending region (Taylor et al, 2007), (b) transformations in the material conditions of the leftbehind families (Banerjee et al, 2002), (c) negotiations of family aspirations (Mooney, 2006), (d) gender dynamics in the left-behind families (Gulati, 1993;Kapur, 2010; and (e) about the ways in which identities are formed and shaped in ways that help transmigrants participate in the social, economic and political processes in the home countries (Kurien, 2002).…”

Section: Introductionmentioning

confidence: 99%

Differentiation of femininities in contemporary Kerala: evidence from left-behind families of women transmigrant

Ajay¹

2022

Migration and Development

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Low-skilled emigration, remittances and economic development in India

Cited by 12 publications

References 68 publications

Macroeconomic determinants of remittances to India

Macroeconomic determinants of remittances to India

Harnessing Demographic Dividend Before it is Lost Forever in India

Differentiation of femininities in contemporary Kerala: evidence from left-behind families of women transmigrant

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