Remittances and Competitiveness: The Case of the Philippines

Veronica Bayangos and Karel Jansen

World Development, 2011, vol. 39, issue 10, 1834-1846

Abstract: The paper looks at the impact of migration and workers’ remittances on the competitiveness of the home economy. It extends existing research that concentrated on the exchange rate effects of remittances, the so-called Dutch disease effect, by adding labor market effects. The results show that the labor market effects of emigration and remittances have a significant impact on competitiveness that goes beyond the traditional exchange rate effect.

Keywords: remittances; Dutch disease; competitiveness; labor market; monetary policy; Asia; Philippines (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (34)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:39:y:2011:i:10:p:1834-1846

DOI: 10.1016/j.worlddev.2011.04.019

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