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首页> 外文期刊>International Advances in Economic Research >Consumption Effects of Foreign Remittances in Jamaica
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Consumption Effects of Foreign Remittances in Jamaica

机译：牙买加国外汇款的消费效应

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摘要

The term remittances refers to proceeds from the migration of labor that are sent to aid individuals remaining in the migrants' home communities. In this paper, we investigate whether remittances alter the consumption pattern of recipient households in Jamaica. We present results from an Engel curve estimation specifically using the Working (1943) approach and a two-part fractional response model with instrumental variables to account for selection bias and endogeneity of remittances. The dependent variables are a subsample of the categories of consumption as defined in the Jamaican Survey of Living Conditions and include expenditures on food, schooling, health, gambling, alcohol and donations. We find that receipt of remittances significantly alters the recipient households' expenditure allocations relative to other sources of income, although this effect occurs more through the participation decision. Overall, total effects of remittances are largest in the areas of luxury expenditures and home production, and to a lesser extent for education and grocery store purchases. These findings have significant implications for those remitting, those receiving, and governments looking to understand this large flow and less documented source of income.
机译：汇款一词是指劳务移民所得的收益，被用来援助留在移民家乡社区的个人。在本文中，我们调查了汇款是否会改变牙买加接收家庭的消费方式。我们提供了使用工作（1943）方法和包含工具变量的两部分式分数响应模型（具体取决于选择偏差和汇款的内生性）的恩格尔曲线估计结果。因变量是《牙买加生活状况调查》所定义的消费类别的子样本，包括食品，学校教育，保健，赌博，酒精和捐赠方面的支出。我们发现，相对于其他收入来源，收到汇款会显着改变接收家庭的支出分配，尽管这种影响更多地通过参与决策而发生。总体而言，在奢侈品支出和家庭生产领域，汇款的总影响最大，而对于教育和杂货店购买而言，汇款的影响较小。这些发现对汇款者，收款者和希望了解大量资金流和较少文献记录的收入来源的政府具有重大意义。

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