EconPapers    
Economics at your fingertips  
 

Macroeconomic impact of remittances on output growth: Evidence from Turkey

Aysıt Tansel (atansel@metu.edu.tr) and Pinar Yasar (pyasar@dpt.gov.tr)
Additional contact information
Pinar Yasar: State Planning Organization, Ankara, Turkey

Migration Letters, 2010, vol. 7, issue 2, 132-143

Abstract: This study estimates a Keynesian simultaneous, dynamic macro-econometric 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 multi-pliers 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.

Keywords: Remittances; Dynamic Model; Remittances-Induced Output Growth (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
https://journal.tplondon.com/index.php/ml/article/viewFile/185/168 (application/pdf)

Related works:
Working Paper: Macroeconomic Impact of Remittances on Output Growth: Evidence from Turkey (2011) Downloads
Working Paper: Macroeconomic Impact of Remittances on Output Growth: Evidence from Turkey (2010) Downloads
Working Paper: Macroeconomic Impact of Remittances on Output Growth: Evidence from Turkey (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mig:journl:v:7:y:2010:i:2:p:132-143

Ordering information: This journal article can be ordered from
https://migrationletters.com/

Access Statistics for this article

Migration Letters is currently edited by Kittisak Jermsittiparsert

More articles in Migration Letters from Migration Letters
Bibliographic data for series maintained by ML (admin@tplondon.com).

 
Page updated 2024-09-07
Handle: RePEc:mig:journl:v:7:y:2010:i:2:p:132-143