Workers' remittances and the real exchange rate: A paradox of gifts

被引：230

作者：

Amuedo-Dorantes, C ^{[1
]}

Pozo, S

机构：

[1] San Diego State Univ, San Diego, CA 92182 USA

[2] Western Michigan Univ, Kalamazoo, MI 49008 USA

来源：

WORLD DEVELOPMENT | 2004年 / 32卷 / 08期

关键词：

workers' remittances; real exchange rate; foreign aid; panel data; Latin American and Caribbean area;

D O I：

10.1016/j.worlddev.2004.02.004

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 ; 020105 ; 03 ; 0303 ;

摘要：

We test the impact of workers' remittances on the real exchange rate using a panel of 13 Latin American and Caribbean countries. The analysis reveals that workers' remittances have the potential to inflict economic costs on the export sector of receiving countries by reducing its international competitiveness. Our findings raise concerns parallel to those raised by Dutch Disease or Resource Boom models, where resource discoveries result in real exchange rate appreciation and shifting of resources from the traded to the nontraded sectors of the economy. (C) 2004 Elsevier Ltd. All rights reserved.

引用

页码：1407 / 1417

页数：11

共 34 条

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