Các yếu tố vĩ mô tác động đến kiều hối: Nghiên cứu thực nghiệm tại châu Á - Thái Bình Dương
DOI:
https://doi.org/10.24311/jabes/2016.27.4.801Keywords:
Remittances, economic growth, interest rate, exchange rateAbstract
The roles of personal remittances are increasingly significant in Asia Pacific area, especially in recent decades. This study, for this reason, seeks to examine the impacts of macroeconomic determinants including economic growth in both host and home countries, interest rate spread, and change in exchange rate on remittance flows of 29 Asia Pacific countries over the 2000-2013 period. By using the system GMM estimator for unbalanced panel data, it is found that the remittance flows to Asia Pacific countries have more investing motivations than altruistic motivations. Furthermore, the effects of macroeconomic factors on remittance flows vary sharply due to the 2008 global financial crisis
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