Do Workers’ Remittances Promote Access to Finance? Evidence from Asia-Pacific Developing Countries
Takeshi Inoue and
Shigeyuki Hamori
Emerging Markets Finance and Trade, 2016, vol. 52, issue 3, 765-774
Abstract:
This study empirically analyzes the impact of remittance inflows on access to formal financial services using panel data on thirty-eight developing countries in Asia and Oceania between 2001 and 2012. Our results indicate that remittances help to enlarge the national branch network of commercial banks. These findings are robust to changes in the dependent variable, namely, the number of commercial bank branches per person or per area, as well as the estimation method. With regard to control variables, we find that income level and economic openness have positive impacts on the number of bank branches, whereas the inflation rate has a negative impact.
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
http://hdl.handle.net/10.1080/1540496X.2016.1116287 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:mes:emfitr:v:52:y:2016:i:3:p:765-774
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MREE20
DOI: 10.1080/1540496X.2016.1116287
Access Statistics for this article
More articles in Emerging Markets Finance and Trade from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().