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Remittances and competitiveness

Author

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  • Bayangos, V.B.
  • Jansen, K.

Abstract

The paper looks at the impact of workers' remittances on the competitiveness of the receiving economy. It extends existing research that concentrated on the exchange rate effects of remittances, the so-called Dutch disease effect, by adding labour market effects. The results show that the labour market effects of emigration and remittances have a significant impact on competitiveness that goes beyond the traditional exchange rate effect.

Suggested Citation

  • Bayangos, V.B. & Jansen, K., 2010. "Remittances and competitiveness," ISS Working Papers - General Series 18701, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    • Handle: RePEc:ems:euriss:18701
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    5. Veronica Bayangos & Karel Jansen, 2010. "The Macroeconomics of Remittances in The Philippines," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 28(61), pages 18-58, August.
    6. Ms. Prachi Mishra, 2006. "Emigration and Wages in Source Countries: Evidence From Mexico," IMF Working Papers 2006/086, International Monetary Fund.
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    Cited by:

    1. Ncube, G. & Gómez, G.M., 2011. "Local economic development and migrant remittances in rural Zimbabwe," ISS Working Papers - General Series 23272, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    2. Florian A. Alburo, 2015. "Development Dynamics in the Philippines Historical Perspectives: 1950-2010," UP School of Economics Discussion Papers 201514, University of the Philippines School of Economics.

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    Keywords

    Dutch disease; Philippines; competitiveness; exchange rate; monetary policy; remittances;
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