The impact of remittances on consumption and investment in Romania
Cristian Incaltarau () and
Eastern Journal of European Studies, 2012, vol. 3(2), 61-86
This article proposes an econometric analysis of the effects of remittances on the Romanian economy in terms of consumption and investment. Unlike the other sociological studies regarding the Romanian migration phenomenon, the present research targets the macroeconomic level, following the extent to which remittances have supported the evolution of consumption and investment. Contrary to our assumptions, the results showed that remittances had a more significant contribution to investment than to consumption. This may be due to the data we have used, which include only the amounts sent through formal channels which are indeed bigger and meant for investment purposes.
Keywords: labour migration; remittances; household consumption; investment; Romania (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:jes:journl:y:2012:v:3:p:61-86
Access Statistics for this article
More articles in Eastern Journal of European Studies from Centre for European Studies, Alexandru Ioan Cuza University Contact information at EDIRC.
Bibliographic data for series maintained by Alupului Ciprian ().