The Global and Local: Explaining Migrant Remittance Flows in the English-Speaking World, 1880–1914

Gary Magee and Andrew S. Thompson

The Journal of Economic History, 2006, vol. 66, issue 1, 177-202

Abstract: This article uses money order data to examine the determinants of British migrant remittances prior to 1914. Using panel data and cointegration analysis, it provides evidence of four distinct types of remittance behavior, lending support to Lucas and Stark's theory that remittances are driven by an implicit contract between remitter and remittee. The relative strengths of these different forms of remittance varied across the English-speaking world, with the largest differences occurring between migrants residing in America and those in the self-governing dominions. The explanation for these differences is seen to lie in the distinctive nature of British emigration to America.

Date: 2006
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