2021
DOI: 10.22201/fe.01851667p.2021.318.79360
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Remittances, Migration, and Poverty. A Study for Mexico and Central America

Abstract: <p align="center"><strong>ABSTRACT</strong></p><p>In the last two decades, remittances have acquired great importance as a source of external income for various developing economies. In the particular case of Latin America, the United States represents the most important destination, with 62.1 million Latinos living there according to U.S. Census Bureau. This paper analyses the effect that migration and remittances have on poverty in Mexico and Central America. The results show th… Show more

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Cited by 7 publications
(2 citation statements)
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“…An estimated 10% increase in migration to the United States from Mexico reduces the poverty gap by 12.8%. For Mexico and Central America, migration significantly affects poverty reduction in the home countries (Nuñez & Osorio-Caballero, 2021). Taken as a whole, remittances paid to Central American countries averaged between 18% and 19% of the region’s gross domestic product in 2019 (Herrera-Ruiz & Martínez, 2021).…”
Section: Migration and The United Nations’ Sdgsmentioning
confidence: 99%
“…An estimated 10% increase in migration to the United States from Mexico reduces the poverty gap by 12.8%. For Mexico and Central America, migration significantly affects poverty reduction in the home countries (Nuñez & Osorio-Caballero, 2021). Taken as a whole, remittances paid to Central American countries averaged between 18% and 19% of the region’s gross domestic product in 2019 (Herrera-Ruiz & Martínez, 2021).…”
Section: Migration and The United Nations’ Sdgsmentioning
confidence: 99%
“…price national index. We consider only the United States consumer price index because around 95% of remittances were sent from the US in 2020 (see Nuñez and Osorio-Caballero (2021)).…”
Section: Data and Preliminary Analysismentioning
confidence: 99%