The impact of remittances on households: The case with residents of the Prizren region

  • Kujtim Hameli Albanian
  • Qëndrim Bytyqi

Abstract

Remittances are an important source of external funding. They have a positive impact, both at the microeconomic level, like for the welfare of the household, and at the macroeconomic level, like in the growth of the domestic economy. Remittances are current transfers in cash or in other forms or money received by resident households from non-resident households.


The purpose of this paper is to discover the impact of remittances on the welfare of the household in the Prizren region. For this reason, an online questionnaire with 160 participants was conducted by selecting the non-random sampling method. According to the results obtained, remittances play an important role in the households of the Prizren region because most of these remittances are used for food consumption, education and clothing. At the end of hypothesis testing it is found that there is an important relationship between the residence and the frequency of receiving remittances, and people living in both, urban and rural areas receive remittance in different frequencies. However, no significant relationship has been found between the gender and frequency of receiving remittances. The research mainly has a descriptive nature of the effect of remittances on households.

References

AHMED, V., SUGIYARTO, G.,; JHA, Sh., (2010), “Remittances and Household Welfare: A Case Study in Pakistan”, ADB Economics Working Paper Series, No. 194
ALFIERI, A. and HAVINGA, I. (2006), “Issue Paper: Definition of Remittances”, United Nations, Department of Economic and Social Affairs Statistics Division
BORICI, A. and GAVOCI, M. (2015), “The Impact of Remittances on Households’ Well-Being: Evidence from Albania”, International Journal of Economics, Commerce and Management, Vol. III, Issue 11, ISSN: 2348 0386
KADRIJAJ, Gj. and MASAR, B. (2013), “Analizë mbi Mënyrat të Dërgimit të Remitancave në Kosovë”, Banka Qendrore e Republikës së Kosovës, Departamenti i Sistemit të Pagesave
BQK (2017), “Vlerësimi Tremujor i Ekonomisë”, Nr. 21, Tremujori IV/2017
BUJUPI, E. (2018), “Përcaktuesit Makroekonomikë të Remitencave në Kosovë: Analizë me të dhëna panel”, Banka Qendrore e Republikës së Kosovës, Departamenti i Sistemit të Pagesave
IMF Comittee on Balance of Payment Statistics (2006), “Definitions of Remittances”, Prepared by United Nations, Germany
INCALTARAU, C, and MAHA, L. (2012), “The Impact of Remittances on Consumption and Investment in Romania”, Eastern Journal of European Studies, Vol. 3, Issue 2
KURTULUŞ, K. (2010), “Araştırma Yöntemleri”, Türkmen Kitabevi
MAIMBO, S. M., and RATHA, D. (2005), “Remittances: Development Impact and Future Prospects”, The World Bank
MEDINA, C., and CARDONA, L. (2010), “The Effects of Remittances on Household Consumption, Education Attendance and Living Standards: The Case of Colombia”, Lecturas de Economia, No. 72, Medellin
MUKTARBEK, A., SEYITOV, T., JENISH, N. (2015), “Remittances and Expenditure Patterns of Households in the Kyrgyz Republic” Economic Research Center of the National Bank of the Kyrgyz Republic UDC 336.1(575.2)(04)
PARINDURI, R.,; THANGAVELU, Sh. (2011), “Impact of Remittances on Human Capital Development of Children in Indonesian Household”
RANDAZZO, T., and PIRACHA, M. (2014), “Remittances and Household Expenditure Behaviour in Senegal”, IZA Discussion Paper, No. 8106, Germany
SOLOMONE S. (2006), “Remittances. Overview of the Existing Literature”, Florence School on Euro-Mediterranean Migration and Development”, European University Institute, Florence, Italy
WADOOD, S. N., and HOSSAIN, A, (2016), “Microeconomic Impact of Remittance on Household Welfare: Evidence from Bangladesh”, Conference: SANEM Annual Economists’ Conference 2016, “Bangladesh: Way towards a Middle Income Country”
Insajderi - http://www.insajderi.com/rriten-remitancat-e-huaja-ne-kosove/ - Date of Access 03-04-2018
Published
2018-07-08
How to Cite
HAMELI, Kujtim; BYTYQI, Qëndrim. The impact of remittances on households: The case with residents of the Prizren region. PRIZREN SOCIAL SCIENCE JOURNAL, [S.l.], v. 2, n. 2, p. 1-11, july 2018. ISSN 2616-387X. Available at: <http://prizrenjournal.com/index.php/PSSJ/article/view/27>. Date accessed: 19 nov. 2018.