Financial effects of the international migration in Europe: Modelling the decision to remit
In: Panoeconomicus: naučno-stručni časopis Saveza Ekonomista Vojvodine ; scientific-professional journal of Economists' Association of Vojvodina, Band 60, Heft 4, S. 541-555
ISSN: 2217-2386
This paper analyzes the behavior of Central and Eastern European migrants
regarding money remitting to their country of origin and is based on data
provided by the National Immigrant Survey of Spain. In order to analyze the
impacts of migrants? demographic and economic characteristics on remitting
behavior, the variables employed in the econometric model referred to
individual factors, factors that evaluate the migrant?s links with the native
country and those that account for the degree of migrant?s integration in
Spain. The factors showing a stronger attachment to relatives and the country
of origin have a positive impact on the decision to remit and on the remitted
amounts, while the factors that point to the integration of the migrant into
Spanish society have a negative and smaller impact on the remitting decision.