Protector or Polluter? Environmental Impacts of Remittances
DOI:
https://doi.org/10.15173/esr.v27i1.5769Abstract
As remittances are largely viewed as potential factor of financial development and economic growth, their role in polluting the environment cannot be denied. In this paper, we investigate the environmental effect of migrant remittance in the global south. By using panel data of 37 countries in the southern hemisphere from 1980 to 2014, results show that remittances worsen the environment. We, therefore, support the remittances-led emission hypothesis. Interestingly, we found that the inflows of remittances do not affect CO2 emissions directly, but indirectly through household consumption, private investment, urbanization and importations. Our results deeply suggest that policymakers in the South should (1) consider remittances as a policy instrument to design strategies related to sustainable and responsible investing, and (2) channel remittances into green consumptions and investments.
Downloads
Downloads
Published
Issue
Section
License
Rights for Authors
As further described in our submission agreement (the Submission Agreement), in consideration for publication of the article, the authors assign to Energy Studies Review all copyright in the article, subject to the expansive personal--use exceptions described below.
Attribution and Usage Policies
Reproduction, posting, transmission or other distribution or use of the article or any material therein, in any medium as permitted by a personal-use exemption or by written agreement of Energy Studies Review, requires credit to Energy Studies Review as copyright holder (e.g., Energy Studies Review © 2014).
Personal-use Exceptions
The following uses are always permitted to the author(s) and do not require further permission from DigitalCommons@McMaster provided the author does not alter the format or content of the articles, including the copyright notification:
- Storage and back-up of the article on the author's computer(s) and digital media (e.g., diskettes, back-up servers, Zip disks, etc.), provided that the article stored on these computers and media is not readily accessible by persons other than the author(s);
- Posting of the article on the author(s) personal website, provided that the website is non-commercial;
- Posting of the article on the internet as part of a non-commercial open access institutional repository or other non-commercial open access publication site affiliated with the author(s)'s place of employment (e.g., a Phrenology professor at the University of Southern North Dakota can have her article appear in the University of Southern North Dakota's Department of Phrenology online publication series); and
- Posting of the article on a non-commercial course website for a course being taught by the author at the university or college employing the author.
People seeking an exception, or who have questions about use, should contact the editors.
