The shadow value of migrant remittances, income and inequality in a household‐farm economy
- 1 August 1996
- journal article
- research article
- Published by Taylor & Francis Ltd in The Journal of Development Studies
- Vol. 32 (6), 899-912
- https://doi.org/10.1080/00220389608422445
Abstract
This article offers econometric evidence that income remittances sent home by family migrants stimulate household‐farm incomes indirectly by relieving credit and risk constraints on household‐farm production. A high but unequally distributed shadow value of migrant remittances appears to reinforce an equalising direct effect of remittances on the income distribution across a sample of household‐farms in rural Mexico.Keywords
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