Changes in Migration Patterns and Remittances: Do Females and Skilled Migrants Remit More?
Maëlan Le Goff and
Sara Salomone ()
Working Papers from CEPII research center
Migrants’ remittances to developing countries have significantly increased and turn out to be the second largest source of finance for developing countries after foreign direct investment. Besides, the composition of international migration flows has also changed being characterized by a growing feminization and brain drain. In reviewing the literature on remittances, this survey shows that to fully estimate the role of remittances as a lifeline for developing countries the two above recent phenomena cannot be ignored. Indeed, using an original dataset on bilateral remittances and estimating a gravity model in which the gender and the skill dimensions of the migrants are taken into account, we find that both are positively associated with annual remittances received by origin countries. In particular, the main effect seems to be driven by skilled female migrants which presumably represent an important loss in terms of human capital in the perspective of a developing country.
Keywords: International migration; Remittances; Brain Drain (search for similar items in EconPapers)
JEL-codes: J16 F22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dem, nep-int and nep-mig
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Persistent link: https://EconPapers.repec.org/RePEc:cii:cepidt:2015-15
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