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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Discussion Paper ; No. 2010/12

Classification and Topics

• Classification: Wirtschaft ; International Migration ; International Investment; Long-term Capital Movements ; Model Evaluation, Validation, and Selection
• Subject: remittances ; dymanic model ; remittances-induced output growth ; Rücküberweisungen ; Makroökonomischer Einfluss ; Multiplikator ; Schätzung ; Türkei

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Tansel, Aysit ; Yasar, Pinar
• Event: Veröffentlichung
• (who): Turkish Economic Association
• (where): Ankara
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/81607
• Last update: 10.03.2025, 11:42 AM CET