What is the impact of international remittances on poverty and inequality in Latin America?

被引:233
作者
Acosta, Pablo [1 ]
Calderon, Cesar [2 ]
Fajnzylber, Pablo [2 ]
Lopez, Humberto [2 ]
机构
[1] Corp Andina Fomento, Caracas, Venezuela
[2] World Bank, Washington, DC 20433 USA
关键词
remittances; growth; inequality; poverty; Latin America;
D O I
10.1016/j.worlddev.2007.02.016
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 [理论经济学]; 020105 [世界经济]; 03 [法学]; 0303 [社会学];
摘要
Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, we find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants. (C) 2007 Elsevier Ltd. All rights reserved.
引用
收藏
页码:89 / 114
页数:26
相关论文
共 32 条
[1]
Adams R. H., 2006, REMITTANCES POVERTY
[2]
Adams R. H., 2004, REMITTANCES POVERTY
[3]
[4]
Do international migration and remittances reduce poverty in developing countries? [J].
Adams, RH ;
Page, J .
WORLD DEVELOPMENT, 2005, 33 (10) :1645-1669
[5]
AGGARWAL R, 2005, DO WORKERS REMITTANC
[6]
[Anonymous], HDB MACROECONOMICS
[7]
[Anonymous], GLOB EXT IMB
[8]
SOME TESTS OF SPECIFICATION FOR PANEL DATA - MONTE-CARLO EVIDENCE AND AN APPLICATION TO EMPLOYMENT EQUATIONS [J].
ARELLANO, M ;
BOND, S .
REVIEW OF ECONOMIC STUDIES, 1991, 58 (02) :277-297
[9]
ANOTHER LOOK AT THE INSTRUMENTAL VARIABLE ESTIMATION OF ERROR-COMPONENTS MODELS [J].
ARELLANO, M ;
BOVER, O .
JOURNAL OF ECONOMETRICS, 1995, 68 (01) :29-51
[10]
Inequality and growth: What can the data say? [J].
Banerjee, AV ;
Duflo, E .
JOURNAL OF ECONOMIC GROWTH, 2003, 8 (03) :267-299