ICT, Online Search Behavior, and Remittances: Evidence from the Kyrgyz Republic
David Roland-Holst,
Kamalbek Karymshakov,
Burulcha Sulaimanova and
Kadyrbek Sultakeev
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Kamalbek Karymshakov: Asian Development Bank Institute
Burulcha Sulaimanova: Asian Development Bank Institute
Kadyrbek Sultakeev: Asian Development Bank Institute
No 1348, ADBI Working Papers from Asian Development Bank Institute
Abstract:
Infrastructure has always been a fundamental driver of long-term economic growth, but in recent decades information and communication technology (ICT) has supported and accelerated the growth of the global economy in ways beyond the imagining of our ancestors. We examine the role of ICT infrastructure in facilitating labor markets' access and remittance flows for workers from the Kyrgyz Republic. Using a combination of traditional high frequency macroeconomic data and real time internet search information from Google Trends, we take a novel approach to explaining the inflow of remittances to a developing country. In the first attempt to model remittance behavior with GTI data in this context, we use a gravity model. We also attempt to account for both origin and destination labor market conditions, using Kyrgyz language search words to identify both push and pull factors affecting migrant decisions.
Keywords: migration; remittances; infrastructure; internet (search for similar items in EconPapers)
JEL-codes: F22 F24 L86 O18 O33 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2022-12
New Economics Papers: this item is included in nep-big, nep-fdg, nep-ict and nep-mig
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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbiwp:1348
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