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Revisiting Institutional Determinants of Remittances: Evidence from a Large Panel of Countries

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  • Sunny Kumar Singh

    (Birla Institute of Technology and Science, Pilani, Hyderabad Campus)

Abstract

This paper attempts to examine the impact of various aspects of institutional quality on the remittances inflows for a sample of 114 countries (69 developing countries and 45 developed countries) over the period 1984-2016. We find that an improvement in the index of government stability, investment profile, internal conflict, and democratic accountability significantly increase the remittances inflows, whereas a decline in socio-economic condition and a corrupt political environment increase the remittances inflows. The results are robust to the inclusion of a variety of macroeconomic controls and country fixed effects. We find qualitatively similar results with a subsample of developing countries.

Suggested Citation

  • Sunny Kumar Singh, 2019. "Revisiting Institutional Determinants of Remittances: Evidence from a Large Panel of Countries," Economics Bulletin, AccessEcon, vol. 39(4), pages 2247-2257.
    • Handle: RePEc:ebl:ecbull:eb-19-00759
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    Remittances; Institutional Quality; ICRG; System GMM;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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