Remittance Behaviour of Chinese and Indian Immigrants in Canada
Murshed Chowdhury and
Das Anupam ()
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Das Anupam: Department of Economics, Justice, and Policy Studies, Mount Royal University, 4825 Mount Royal Gate SW, Calgary, AB, Canada, T3E 6K6
Review of Economics, 2016, vol. 67, issue 2, 185-208
Abstract:
Using the Longitudinal Survey of Immigrants in Canada (LSIC) dataset, we explore the differences in remittance behaviour of Chinese and Indian immigrants in Canada in relation to their socio-economic characteristics. We apply logistic regressions on the likelihood to remit, and instrumental variable regressions to estimate the amount remitted. We find that age, income, level of education, and personal investment in the home country are important determinants of the remittance behaviour of Chinese immigrants in Canada. Marital status, having family members, and involvement with ethnic organizations in the host country are the major drivers of remittances sent by Indian immigrants in Canada. By analyzing the remittance behaviour of Canadian immigrants from two major sources, this study sheds light on potential motivations to remit which contribute to policy formulation in both home and host countries.
Keywords: remittances; Chinese immigrants; Indian immigrants; socio-economic characteristics; LSIC (search for similar items in EconPapers)
JEL-codes: C26 C31 F22 F24 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:lus:reveco:v:67:y:2016:i:2:p:185-208:n:1
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DOI: 10.1515/roe-2015-1004
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