Revisiting Institutional Determinants of Remittances: Evidence from a Large Panel of Countries

Sunny Singh ()
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Sunny Singh: Birla Institute of Technology and Science, Pilani, Hyderabad Campus

Economics Bulletin, 2019, vol. 39, issue 4, 2247-2257

Abstract: This paper attempts to examine the impact of various aspects of institutional quality on the remittances inflows for a sample of 114 countries (69 developing countries and 45 developed countries) over the period 1984-2016. We find that an improvement in the index of government stability, investment profile, internal conflict, and democratic accountability significantly increase the remittances inflows, whereas a decline in socio-economic condition and a corrupt political environment increase the remittances inflows. The results are robust to the inclusion of a variety of macroeconomic controls and country fixed effects. We find qualitatively similar results with a subsample of developing countries.

Keywords: Remittances; Institutional Quality; ICRG; System GMM (search for similar items in EconPapers)
JEL-codes: F2 O1 (search for similar items in EconPapers)
Date: 2019-10-13
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Citations: View citations in EconPapers (1)

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