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Altruism: primary motivation of remittances

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  • SeyedSoroosh Azizi

Abstract

This article examines primary incentives of remittances. After controlling for host country’s GNI per capita, real exchange rates and real interest rates, a rise in home country’s GNI per capita leads to fewer remittances. A rise in host country’s GNI per capita motivates migrants to remit more. Real interest rates have no effect on remittances. These results indicate primary incentive of remittances is altruism.

Suggested Citation

  • SeyedSoroosh Azizi, 2017. "Altruism: primary motivation of remittances," Applied Economics Letters, Taylor & Francis Journals, vol. 24(17), pages 1218-1221, October.
    • Handle: RePEc:taf:apeclt:v:24:y:2017:i:17:p:1218-1221
    DOI: 10.1080/13504851.2016.1267840
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    1. Chihwa Kao & Min-Hsien Chiang, 1997. "On the Estimation and Inference of a Cointegrated Regression in Panel Data," Econometrics 9703001, University Library of Munich, Germany.
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    1. Mora-Rivera, Jorge & Cerón-Monroy, Hazael & García-Mora, Fernando, 2019. "The impact of remittances on domestic tourism in Mexico," Annals of Tourism Research, Elsevier, vol. 76(C), pages 36-52.
    2. Giorgio Fagiolo & Tommaso Rughi, 2023. "Exploring the Macroeconomic Drivers of International Bilateral Remittance Flows: A Gravity-Model Approach," Economies, MDPI, vol. 11(7), pages 1-27, July.
    3. Faruk Balli & Thi Thu Ha Nguyen & Hatice Ozer Balli, 2023. "Emigrants’ visit home and remittance inflows nexus," Tourism Economics, , vol. 29(5), pages 1405-1411, August.
    4. SeyedSoroosh Azizi, 2021. "The impacts of workers’ remittances on poverty and inequality in developing countries," Empirical Economics, Springer, vol. 60(2), pages 969-991, February.
    5. Randazzo, Teresa & Piracha, Matloob, 2019. "Remittances and household expenditure behaviour: Evidence from Senegal∗," Economic Modelling, Elsevier, vol. 79(C), pages 141-153.
    6. Keerti Mallela & Sunny Kumar Singh & Archana Srivastava, 2020. "Estimating Bilateral Remittances in a Macroeconomic Framework: Evidence from top Remittance-Receiving Countries," Studies in Microeconomics, , vol. 8(1), pages 95-118, June.
    7. Anthony Enisan Akinlo & Michael Segun Ojo, 2021. "Examining the asymmetric effects of oil price shocks on remittances inflows: evidence from Nigeria," SN Business & Economics, Springer, vol. 1(10), pages 1-16, October.
    8. Peter Nderitu GITHAIGA, 2019. "Foreign Remittances, Private Sector Investment and Banking Sector Development," Journal of Economics and Financial Analysis, Tripal Publishing House, vol. 3(2), pages 85-112.
    9. Farrukh Nawaz Kayani, 2022. "Analyzing the Impact of Foreign Remittances uponPoverty: A Case of Uzbekistan from Central Asia," International Journal of Economics and Financial Issues, Econjournals, vol. 12(1), pages 1-6.
    10. Azizi, SeyedSoroosh, 2018. "The impacts of workers' remittances on human capital and labor supply in developing countries," Economic Modelling, Elsevier, vol. 75(C), pages 377-396.
    11. Seruca, Manuel & Mota, Andrade & Rodrigues, David, 2019. "Solving the Economic Scheduling of Grid-Connected Microgrid Based on the Strength Pareto Approach," MPRA Paper 95391, University Library of Munich, Germany.
    12. Mahdavi, Sadegh & Bayat, Alireza & Mirzaei, Farzad, 2019. "Economic Operation of Grid-Connected Microgrid By Multiverse Optimization Algorithm," MPRA Paper 95893, University Library of Munich, Germany.
    13. Bayat, Alireza & Khazaei, Ehsan & Mahdavi, Sadegh, 2019. "Economic-Based Synchronization and Control of New Fractional-Order Chaotic System Based on Lyapunov Theorem," MPRA Paper 95394, University Library of Munich, Germany.
    14. Uche Eseosa Ekhator-Mobayode & Seyedsoroosh Azizi, 2019. "Does the Presence of Neighborhood Gang Affect Youth Criminal Behavior?," Economics Bulletin, AccessEcon, vol. 39(3), pages 2102-2109.
    15. Kapoor, Advik & Kaur, Vijay, 2018. "A novel Optimization Plan for Multiple-Area Economic Dispatch : An Electro Search Optimization Approach," MPRA Paper 88979, University Library of Munich, Germany.

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