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Remittances in Asia: Implications for the Fight against Poverty and the Pursuit of Economic Growth

dc.contributor.authorCarlos Vargas-Silva
dc.contributor.authorShikha Jha
dc.contributor.authorGuntur Sugiyarto
dc.date.accessioned2015-01-30T14:44:51Z
dc.date.available2015-01-30T14:44:51Z
dc.date.issued2009-12-01
dc.identifier.issn1655-5252
dc.identifier.urihttp://hdl.handle.net/11540/1844
dc.description.abstractThis study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries using data for more than 20 countries in the region for 1988–2007. The results indicate that remittances positively affect home country real gross domestic product (GDP) per capita growth. A 10% increase in remittances as a share of GDP leads to a 0.9–1.2% increase in GDP growth. The findings also show that remittances only have a negligible effect on the overall poverty rate, but they tend to decrease the poverty gap and thereby ameliorate the depth of poverty. The estimates suggest that a 10% increase in remittances decreases the poverty gap by about 0.7–1.4%. The paper also explores the robustness of the key results by using 5-year average data and addresses potential endogeneity issues through instrumental variable estimation.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleRemittances in Asia: Implications for the Fight against Poverty and the Pursuit of Economic Growth
dc.typeWorking Papers
dc.subject.expertPoverty Analysis
dc.subject.expertParticipatory Poverty Assessment
dc.subject.expertPoverty Reduction Strategy
dc.subject.expertExtreme Poverty
dc.subject.expertEconomic development
dc.subject.expertGrowth And Poverty
dc.subject.adbIncome Distribution
dc.subject.adbDemographic Indicators
dc.subject.adbSocial Justice
dc.subject.adbPrice stabilization
dc.subject.adbFood prices
dc.subject.adbPrice policy
dc.subject.naturalSocial change
dc.subject.naturalSocial accounting
dc.subject.naturalInequality of income
dc.subject.naturalEconomic growth
dc.subject.naturalQualilty of Life
dc.subject.naturalOpen price system
dc.subject.naturalPrice fixing
dc.subject.naturalPrice regulation
dc.subject.naturalConsumer price indexes
dc.title.seriesADB economics working paper series
dc.title.volumeNo. 182
dc.contributor.imprintAsian Development Bank
oar.themePoverty
oar.themeEconomics
oar.themeLabor Migration
oar.themeSmall Medium Business
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic Republic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji
oar.countryKiribati
oar.countryMarshall Islands
oar.countryMicronesia, Federated States of
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryChina, People's Republic of
oar.countryHong Kong, China
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.dep.classsrchremittance
oar.identifierOAR-001762
oar.authorVargas-Silva, Carlos
oar.authorJha, Shikha
oar.authorSugiyarto, Guntur
oar.importtrue
oar.googlescholar.linkpresenttrue


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