Remittances Vis-à-Vis bank credit and investment : Evidence from Fiji

Journal article


Kakhkharov, Jakhongir, Archer, Lan, Tuisawau, Matia, Taito, Akato, Cama, Mitieli and Sharma, Parmendra. (2022). Remittances Vis-à-Vis bank credit and investment : Evidence from Fiji. Review of Pacific Basin Financial Markets and Policies. 25(1), p. Article 2250003. https://doi.org/10.1142/S0219091522500035
AuthorsKakhkharov, Jakhongir, Archer, Lan, Tuisawau, Matia, Taito, Akato, Cama, Mitieli and Sharma, Parmendra
Abstract

This study is among a very few to investigate the impact of international remittances on bank credit and household investment. Using Fiji as a case study and the most recent available data on Household Income and Expenditure Survey together with applying three distinct econometric techniques, we find that remittances significantly increase the likelihood that households receiving remittances obtain income from investing. Remittances also positively influence the value of bank credit, although this effect is statistically weak.

Keywordsinvestment; remittances; bank credit; Fiji
Year2022
JournalReview of Pacific Basin Financial Markets and Policies
Journal citation25 (1), p. Article 2250003
PublisherWorld Scientific Publishing Co. Pte. Ltd.
ISSN0219-0915
Digital Object Identifier (DOI)https://doi.org/10.1142/S0219091522500035
Scopus EID2-s2.0-85124732807
Page range1-36
Publisher's version
License
All rights reserved
File Access Level
Controlled
Output statusPublished
Publication dates
Online07 Feb 2022
Publication process dates
Deposited18 Oct 2023
Permalink -

https://acuresearchbank.acu.edu.au/item/8zw71/remittances-vis-vis-bank-credit-and-investment-evidence-from-fiji

Restricted files

Publisher's version

  • 161
    total views
  • 0
    total downloads
  • 15
    views this month
  • 0
    downloads this month
These values are for the period from 19th October 2020, when this repository was created.

Export as

Related outputs

Global evidence on the Russia–Ukraine conflict and energy stock returns
Kakhkharov, Jakhongir, Onur, Ilke, Yalcin, Erkan and Zhu, Rong. (2024). Global evidence on the Russia–Ukraine conflict and energy stock returns. International Review of Economics and Finance. 93, pp. 413-435. https://doi.org/10.1016/j.iref.2024.03.063
Remittance flows and informal economies in post-Soviet transition countries
Kakhkharov, Jakhongir and Rohde, Nicholas. (2023). Remittance flows and informal economies in post-Soviet transition countries. The World Economy. 46, pp. 3057-3080. https://doi.org/10.1111/twec.13375
Do migrant remittances affect household spending? Focus on wedding expenditures
Kakhkharov, Jakhongir and Ahunov, Muzaffar. (2022). Do migrant remittances affect household spending? Focus on wedding expenditures. Empirical Economics. 63, pp. 979-1028. https://doi.org/10.1007/s00181-021-02163-8
Income and household energy consumption in a transition economy : The case of Uzbekistan
Ahunov, Muzaffar, Kakhkharov, Jakhongir and Mozumder, Pallab. (2022). Income and household energy consumption in a transition economy : The case of Uzbekistan. Energy. 254, p. Article 124085. https://doi.org/10.1016/j.energy.2022.124085
COVID-19 and policy responses : Early evidence in banks and FinTech stocks
Kakhkharov, Jakhongir and Bianchi, Robert. (2022). COVID-19 and policy responses : Early evidence in banks and FinTech stocks. Pacific-Basin Finance Journal. 74, p. Article 101815. https://doi.org/10.1016/j.pacfin.2022.101815
South-South migration : Remittances of labour migrants and household expenditures in Uzbekistan
Kakhkharov, Jakhongir, Ahunov, Muzaffar, Parpiev, Ziyodullo and Wolfson, Inna. (2021). South-South migration : Remittances of labour migrants and household expenditures in Uzbekistan. International Migration. 59(5), pp. 38-58. https://doi.org/10.1111/imig.12792
Squandering Remittances Income in Conspicuous Consumption?
Kakhkharov, Jakhongir and Ahunov, Muzaffar. (2020). Squandering Remittances Income in Conspicuous Consumption? In In Akimov, A. and Kazakevitch, G. (Ed.). 30 Years since the Fall of the Berlin Wall pp. 271 Palgrave Macmillan (Springer Nature). https://doi.org/10.1007/978-981-15-0317-7_12
Accelerated development of the tourism industry in the Republic of Uzbekistan
Kakhkharov, Jakhongir, Makushina, Alla, Umarov, Abduvahob and Ambartsumyan, Anastas. (2020). Accelerated development of the tourism industry in the Republic of Uzbekistan. International Journal of Psychosocial Rehabilitation. 24(1), pp. 1116-1126. https://doi.org/10.37200/IJPR/V24I1/PR200214
Remittances and financial development in transition economies of the former Communist bloc
Kakhkharov, Jakhongir and Rohde, Nicholas. (2020). Remittances and financial development in transition economies of the former Communist bloc. Empirical Economics. 59, pp. 731-763. https://doi.org/10.1007/s00181-019-01642-3
Remittances as a Source of Finance for Entrepreneurship in Uzbekistan
Kakhkharov, Jakhongir. (2018). Remittances as a Source of Finance for Entrepreneurship in Uzbekistan. In In Laruelle, Marlene and Schenk, Caress (Ed.). Eurasia on the Move - Interdisciplinary Approaches to a Dynamic Migration Region pp. 150 Nazarbayev University School of Sciences and Humanities.
Financial development in less-developed post-Communist economies
Kakhkharov, Jakhongir and Akimov, Alexandr. (2018). Financial development in less-developed post-Communist economies. Problems of Economic Transition. 60(7), pp. 483-513. https://doi.org/10.1080/10611991.2018.1551031