Remittances and Inequality

Stark, Oded; Taylor, J. Edward; Yitzhaki, Shlomo

doi:10.2307/2232987

Cited by 424 publications

(345 citation statements)

References 6 publications

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“…The factor decomposition of the Gini coefficient allows us to calculate the income elasticity, or marginal effect on the contribution of each factor, to total inequality (LERMAN and YITZHAKI, 1985;STARK, TAYLOR and YITZHAKI, 1986). …”

Section: Inequality Decompositionmentioning

confidence: 99%

State Transfers, Taxes and Income Inequality in Brazil

Medeiros

Souza

2015

Bras. Political Sci. Rev.

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Section: Inequality Decompositionmentioning

confidence: 99%

State Transfers, Taxes and Income Inequality in Brazil

Medeiros

Souza

2015

Bras. Political Sci. Rev.

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“…Otros autores, por el contrario, consideran que sus efectos sobre el crecimiento son negativos, debido a que su principal destino es precisamente el consumo familiar y no tanto las inversiones productivas, por lo que su impacto sería de corto plazo al no modificar los patrones de producción de forma sostenida (Stark et al 1986, Russell 1992, Edwards y Ureta 2003, Yang 2004, Orozco 2005, Acosta et al 2008. Para Binford (2002), las remesas benefician principalmente las zonas urbanas y las clases empresariales, siendo perjudiciales para la distribución personal de la renta (Fanjziber y López 2007).…”

Section: Las Remesas Y El Crecimiento Económicounclassified

“…Sin embargo, su efecto es positivo y significativo a partir de la crisis de 2008, incrementando el nivel de renta per cápita de equilibrio en un 7,8% cada vez que se duplican las remesas recibidas, coincidiendo con los resultados obtenidos por Acosta et al (2007) Respecto a la tasa de variación de las remesas, se obtiene un impacto negativo y significativo sobre el nivel de renta per cápita de corto plazo. Una posible explicación de este resultado es que al estar orientadas más al consumo y no a modificar los patrones de producción de los países, el efecto sobre el crecimiento económico se agota en un plazo corto, como han señalado autores como Stark et al (1986), Russell (1992) El efecto obtenido en la estimación (4) del resto de variables analizadas sobre el crecimiento de la renta per cápita fue consistente con los estudios tradicionales de crecimiento. La renta inicial tuvo un efecto positivo y significativo, lo que nos permite aceptar la hipótesis de convergencia beta condicionada de cada país hacia su propio estado estacionario.…”

Section: Análisis Empíricounclassified

El impacto de las remesas en el crecimiento económico de América Latina, 1975-2012

Mayoral

Proaño

2015

Am. Lat. Hoy. Rev. Cienc. Soc.

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BIBLID [1130-2887 (2015) 69, 141-161] Fecha de recepción: 6 de junio del 2013 Fecha de aceptación: 10 de enero del 2015 RESUMEN: La presente investigación analiza el efecto de las remesas en el crecimiento económico de los países de América Latina durante el período 1975-2012, controlando la posible endogeneidad de los regresores a través de estimadores GMM de sistema para modelos dinámicos de datos de panel. Los resultados muestran que no existe relación significativa entre remesas y crecimiento económico en la mayor parte de países de América Latina, aunque su efecto sí es significativo a partir de la crisis financiera internacional de 2008. Por otro lado, el mayor crecimiento de las remesas se produce en aquellos países con un menor nivel de renta per cápita a corto plazo, lo que estaría evidenciando su carácter contracíclico y lo limitado de sus efectos al estar destinadas principalmente hacia el consumo.Palabras clave: remesas; crecimiento económico; América Latina; GMM de sistema.ABSTRACT: The purpose of this paper is to analyze the impact of remittances on Latin American economic growth during the period 1975-2012, focusing on the potential endogeneity of the regressors through the GMM system estimators for dynamic data panel models. The results show that there is only a weak correlation between remittances and economic growth in most Latin American countries. This effect has been, however, positive and significant since the international financial crisis of 2008. On the other hand, the highest remittance growth occurs in countries with

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“…2 Examples include Stark et al (1986), Adams (1989), Barham andBoucher (1998), Esquivel andHuerta-Pineda (2006), Acosta et al (2007), and Brown and Jimenez (2008). 3 One might still argue that revealed preference ought to mean that the household is better off (at least in expectation) as a result of migration.…”

Section: Challenges To Understanding the Impact Of Migration: Triple-mentioning

confidence: 99%

Accounting for Selectivity and Duration-Dependent Heterogeneity When Estimating the Impact of Emigration on Incomes and Poverty in Sending Areas

Gibson

McKenzie

Stillman

2013

Economic Development and Cultural Change

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The impacts of international emigration and remittances on incomes and poverty in sending areas are increasingly studied with household survey data. But comparing households with and without emigrants is complicated by a triple-selectivity problem: first, households self-select into emigration; second, in some emigrant households everyone moves while others leave members behind; and third, some emigrants choose to return to the origin country. Allowing for durationdependent heterogeneity introduces a fourth form of selectivity -we must now worry not just about whether households migrate, but also when they do so. In this paper, we clearly set out these selectivity issues and their implications for existing migration studies, and then address them by using survey data designed specifically to take advantage of a randomized lottery that determines which applicants to the over-subscribed Samoan Quota (SQ) may immigrate to New Zealand. We compare incomes and poverty rates amongst left behind members in households in Samoa that sent SQ emigrants with those for members of similar households that were unsuccessful in the lottery. Policy rules control who can accompany the principal migrant, providing an instrument to address the second selectivity problem, while differences among migrants in which year their ballot was selected allow us to estimate duration effects. We find that migration reduced poverty among former household members, but also find suggestive evidence that this effect may be short-lived as both remittances and agricultural income are negatively related to the duration that the migrant has been abroad.

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Remittances and Inequality

Cited by 424 publications

References 6 publications

State Transfers, Taxes and Income Inequality in Brazil

State Transfers, Taxes and Income Inequality in Brazil

El impacto de las remesas en el crecimiento económico de América Latina, 1975-2012

Accounting for Selectivity and Duration-Dependent Heterogeneity When Estimating the Impact of Emigration on Incomes and Poverty in Sending Areas

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