A gravity model of remittance determinants: evidence from Latin America and the Caribbean

McCracken, S, Ramlogan-Dobson, C and Stack, MM ORCID: https://orcid.org/0000-0002-9213-7607, 2017. A gravity model of remittance determinants: evidence from Latin America and the Caribbean. Regional Studies, 51 (5), pp. 737-749. ISSN 0034-3404

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Abstract

This paper constructs a microeconomic model of the motivation for remittances and uses it to explore the macroeconomic determinants. In addition, a new measure of bilateral remittances is used to estimate a gravity model of remittances for 27 Latin American and Caribbean countries and 18 industrialised countries. The results suggest remittances are motivated by a combination of altruism and self-interest, both of which are encapsulated by economic and non-economic variables.

Item Type:	Journal article
Publication Title:	Regional Studies
Creators:	McCracken, S., Ramlogan-Dobson, C. and Stack, M.M.
Publisher:	Taylor & Francis
Date:	2017
Volume:	51
Number:	5
ISSN:	0034-3404
Identifiers:	Number Type 10.1080/00343404.2015.1133904 DOI 628198 Other
Divisions:	Schools > Nottingham Business School
Record created by:	Linda Sullivan
Date Added:	09 Jan 2017 10:46
Last Modified:	29 Oct 2020 16:09
URI:	https://irep.ntu.ac.uk/id/eprint/29600

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