Macroeconomic impact of remittances on output growth: Evidence from Turkey

Arbeitspapier

This study estimates a Keynesian simultaneous, dynamic macroeconometric model to investigate the impact of remittances on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic multipliers indicate that impact of remittances on consumption, imports and income are all positive and reduce gradually while that on investment wears out in the second year. The impact multiplier for income implies a substantial increase in income due to remittances through the multiplier process. The remittances-induced output growth rate is highest during the early 1970s and the early 1980s, but negligible during the other years.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 5376

Klassifikation und Themen

• Klassifikation: Wirtschaft ; International Migration ; International Investment; Long-term Capital Movements ; Model Evaluation, Validation, and Selection
• Thema: remittances ; dynamic model ; remittances-induced output growth

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Tansel, Aysit ; Yasar, Pinar
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/51603
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ