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Sunny Kumar Singh
''Revisiting Institutional Determinants of Remittances: Evidence from a Large Panel of Countries''
( 2019, Vol. 39 No.4 )
This paper attempts to examine the impact of various aspects of institutional quality on the remittances inflows for a sample of 114 countries (69 developing countries and 45 developed countries) over the period 1984-2016. We find that an improvement in the index of government stability, investment profile, internal conflict, and democratic accountability significantly increase the remittances inflows, whereas a decline in socio-economic condition and a corrupt political environment increase the remittances inflows. The results are robust to the inclusion of a variety of macroeconomic controls and country fixed effects. We find qualitatively similar results with a subsample of developing countries.
Keywords: Remittances; Institutional Quality; ICRG; System GMM
JEL: F2 - International Factor Movements and International Business: General
O1 - Economic Development: General
Manuscript Received : Aug 24 2019 Manuscript Accepted : Oct 13 2019

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