Are Turkish Migrants Altruistic: Evidence from the Macro Data
KOF Working Paper No. 246
34 Pages Posted: 12 Jan 2010
Date Written: January 2010
Abstract
We investigate in this paper whether the stable pattern of remittances over the last three decades can be explained by the altruistic behaviour. This possibility is tested by means of cointegration analysis, which is applied to Turkish remittances from Germany over the period 1962-2005. A single cointegrating relationship is found between the remittances of Turkish workers in Germany and the real Turkish GDP per capita, the real German GDP per capita, the stock of Turkish migrants in Germany, the real exchange rate, and the government instability. The negative coefficient associated with Turkish income and positive coefficients on the real exchange rate and political instability support the claim that Turkish remittances from Germany are altruistically motivated. In addition, we find that the coefficient on the stock of Turkish migrants to be equal to one.
Keywords: Migration, Remittances, Alturism, Cointegration
JEL Classification: C22, F22, F24
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Are Immigrant Remittance Flows a Source of Capital for Development?
By Ralph Chami, Connel Fullenkamp, ...
-
The Optimal Migration Duration and Activity Choice after Re-Migration