DO MIGRANT REMITTANCES REACT TO BOUTS OF TERRORISM?

被引:8
|
作者
Mughal, Mazhar Yasin [1 ]
Anwar, Amar Iqbal [2 ]
机构
[1] Univ Pau & Pays Adour, Ctr Anal Theor & Traitement Donnees Econ, Pau, France
[2] Cape Breton Univ Sydney, Shannon Sch Business, Dept Financial & Informat Management, Sydney, NS B1P 6L2, Canada
关键词
Remittances; Terrorism; Pakistan; 9; 11; D74; F51; O5; COSTS; CONSEQUENCES; PAKISTAN;
D O I
10.1080/10242694.2014.921359
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the short-run behaviour of migrant remittances in the face of terrorism. Using monthly data for post 9/11 terrorist attacks in Pakistan, the study finds evidence of increase in the volume of remittances sent from abroad. This increase is evident in the aggregate, as well as for the three main source regions of North America, the Persian Gulf and Europe. The positive association holds for all the top five migrant-hosting countries of Pakistan. The findings point in favour of an altruistic behaviour of migrant remittances at the macroeconomic level.
引用
收藏
页码:567 / 582
页数:16
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