Are Turkish Migrants Altruistic: Evidence from the Macro Data

KOF Working Paper No. 246

34 Pages Posted: 12 Jan 2010

See all articles by Sule Akkoyunlu

Sule Akkoyunlu

ETH Zürich - KOF Swiss Economic Institute; European University Institute - Robert Schuman Centre for Advanced Studies (RSCAS)

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

Akkoyunlu, Sule, Are Turkish Migrants Altruistic: Evidence from the Macro Data (January 2010). KOF Working Paper No. 246, Available at SSRN: https://ssrn.com/abstract=1534498 or http://dx.doi.org/10.2139/ssrn.1534498

Sule Akkoyunlu (Contact Author)

ETH Zürich - KOF Swiss Economic Institute ( email )

Zurich
Switzerland

European University Institute - Robert Schuman Centre for Advanced Studies (RSCAS) ( email )

Villa La Fonte, via delle Fontanelle 18
50016 San Domenico di Fiesole
Florence, Florence 50014
Italy

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