The Library
Remittances and banking sector breadth and depth : evidence from Mexico
Tools
Demirgüç-Kunt, Asli, Córdova, Ernesto López, Pería, María Soledad Martínez and Woodruff, Christopher (2011) Remittances and banking sector breadth and depth : evidence from Mexico. Journal of Development Economics, Vol.95 (No.2). pp. 229-241. doi:10.1016/j.jdeveco.2010.04.002 ISSN 0304-3878.
Research output not available from this repository.
Request-a-Copy directly from author or use local Library Get it For Me service.
Official URL: http://dx.doi.org/10.1016/j.jdeveco.2010.04.002
Abstract
Despite the importance of remittances to developing countries, their impact on banking sector breadth and depth in recipient countries has been largely unexplored. We examine this topic using municipality-level data on the fraction of households receiving remittances and on measures of banking breadth and depth for Mexico. We find that remittances are strongly associated with greater banking breadth and depth, increasing the number of branches and accounts per capita and the amount of deposits to GDP. These effects are significant both statistically and economically, and are robust to the potential endogeneity of remittances, inclusion of a wide range of controls and even municipal fixed effects specifications using an alternative panel data set from a sample of municipalities.
Item Type: | Journal Article | ||||
---|---|---|---|---|---|
Divisions: | Faculty of Social Sciences > Economics | ||||
Journal or Publication Title: | Journal of Development Economics | ||||
Publisher: | Elsevier | ||||
ISSN: | 0304-3878 | ||||
Official Date: | 2011 | ||||
Dates: |
|
||||
Volume: | Vol.95 | ||||
Number: | No.2 | ||||
Page Range: | pp. 229-241 | ||||
DOI: | 10.1016/j.jdeveco.2010.04.002 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access |
Request changes or add full text files to a record
Repository staff actions (login required)
View Item |