Remittances Vis-Ã -Vis Bank Credit and Investment: Evidence From Fiji
Jakhongir Kakhkharov,
Lan Archer (),
Matia Tuisawau (),
Akata Taito (),
Mitieli Cama () and
Parmendra Sharma ()
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Lan Archer: Department of Accounting, Finance and Economics, Griffith Business School, Griffith Asia Institute, Griffith University, Australia, N50, Griffith University, 170 Kessels Road, Nathan QLD 4111, Australia
Matia Tuisawau: Reserve Bank of Fiji, Fiji
Akata Taito: Reserve Bank of Fiji, Fiji
Mitieli Cama: Fiji Bureau of Statistics, Fiji
Parmendra Sharma: Department of Accounting, Finance and Economics, Griffith Business School, Griffith Asia Institute, Griffith University, Australia, N50, Griffith University, 170 Kessels Road, Nathan QLD 4111, Australia
Review of Pacific Basin Financial Markets and Policies (RPBFMP), 2022, vol. 25, issue 01, 1-36
Abstract:
This study is among a very few to investigate the impact of international remittances on bank credit and household investment. Using Fiji as a case study and the most recent available data on Household Income and Expenditure Survey together with applying three distinct econometric techniques, we find that remittances significantly increase the likelihood that households receiving remittances obtain income from investing. Remittances also positively influence the value of bank credit, although this effect is statistically weak.
Keywords: Investment; remittances; bank credit; Fiji (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:rpbfmp:v:25:y:2022:i:01:n:s0219091522500035
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DOI: 10.1142/S0219091522500035
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