{"title":"汇款对汇率和净出口的影响","authors":"Seyedsoroosh Azizi","doi":"10.1142/s2194565921500068","DOIUrl":null,"url":null,"abstract":"This study investigates the impacts of workers’ remittances on real exchange rates and net export by using data for 101 developing countries from 1990 to 2015. One challenge in addressing the impacts of remittances on real exchange rates is the endogeneity of remittances. To address the endogeneity of remittances, we estimate bilateral remittances and use them to create weighted indicators of remittance-sending countries. These weighted indicators are used as instruments for remittance inflow to remittance-receiving countries. Results obtained in this study indicate that remittances lead to real exchange rates appreciation and net export reduction in remittance-receiving countries.","PeriodicalId":44015,"journal":{"name":"Global Economy Journal","volume":"55 1","pages":""},"PeriodicalIF":1.0000,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"IMPACTS OF REMITTANCES ON EXCHANGE RATES AND NET EXPORT\",\"authors\":\"Seyedsoroosh Azizi\",\"doi\":\"10.1142/s2194565921500068\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study investigates the impacts of workers’ remittances on real exchange rates and net export by using data for 101 developing countries from 1990 to 2015. One challenge in addressing the impacts of remittances on real exchange rates is the endogeneity of remittances. To address the endogeneity of remittances, we estimate bilateral remittances and use them to create weighted indicators of remittance-sending countries. These weighted indicators are used as instruments for remittance inflow to remittance-receiving countries. Results obtained in this study indicate that remittances lead to real exchange rates appreciation and net export reduction in remittance-receiving countries.\",\"PeriodicalId\":44015,\"journal\":{\"name\":\"Global Economy Journal\",\"volume\":\"55 1\",\"pages\":\"\"},\"PeriodicalIF\":1.0000,\"publicationDate\":\"2021-09-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Global Economy Journal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1142/s2194565921500068\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Global Economy Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1142/s2194565921500068","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
IMPACTS OF REMITTANCES ON EXCHANGE RATES AND NET EXPORT
This study investigates the impacts of workers’ remittances on real exchange rates and net export by using data for 101 developing countries from 1990 to 2015. One challenge in addressing the impacts of remittances on real exchange rates is the endogeneity of remittances. To address the endogeneity of remittances, we estimate bilateral remittances and use them to create weighted indicators of remittance-sending countries. These weighted indicators are used as instruments for remittance inflow to remittance-receiving countries. Results obtained in this study indicate that remittances lead to real exchange rates appreciation and net export reduction in remittance-receiving countries.
期刊介绍:
The GEJ seeks to publish original and innovative research, as well as novel analysis, relating to the global economy. While its main emphasis is economic, the GEJ is a multi-disciplinary journal. The GEJ''s contents mirror the diverse interests and approaches of scholars involved with the international dimensions of business, economics, finance, history, law, marketing, management, political science, and related areas. The GEJ also welcomes scholarly contributions from officials with government agencies, international agencies, and non-governmental organizations. One over-arching theme that unites IT&FA members and gives focus to this journal is the complex globalization process, involving flows of goods and services, money, people, and information.