Do International Remittances Alleviate or Aggravate Poverty in Developing Countries?

Moises Neil Serino () and Therese Ratilla
Additional contact information
Moises Neil Serino: Visayas State University
Therese Ratilla: Visayas State University

Review of Socio-Economic Research and Development Studies, 2018, vol. 2, issue 1, 43-64

Abstract: This study investigates the effect of surging increase in international remittances on poverty level in developing countries controlling for income, inequality, and other sources of external funding. Using the newly suggested remittance variable, the method of panel data analysis was applied across 66 developing countries for 9 panel years from 1981 to 2005. Results suggest that international remittances helped in alleviating poverty in developing countries as manifested by the significant negative relationship of remittances on dimensions of poverty such as level, depth and severity of poverty using the methods of pooled ordinary least square method. However, the significance of this alleviating effect of remittances vanishes when using panel data approach suggesting that the alleviating effect of remittances on poverty is less apparent in developing countries when controlling for individual country specific effect.

Keywords: remittances; poverty; developing countries; panel data (search for similar items in EconPapers)
JEL-codes: C33 F24 I32 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://reserds.vsu.edu.ph/wp-content/uploads/2020 ... p.-43-64-Paper-3.pdf (application/pdf)

Related works:
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:btb:journl:v:2:y:2018:i:1:p:43-64

DOI: 10.5281/zenodo.4517252

Access Statistics for this article

More articles in Review of Socio-Economic Research and Development Studies from Visayas State University, Visayas Socio-Economic Research and Data Analytics Center (ViSERDAC) and Department of Economics (DOE), College of Management and Economics (CME) Contact information at EDIRC.
Bibliographic data for series maintained by Seriño, Moises Neil ().