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"Migration reshapes rural economies in ways that may go beyond the contribution of migrant remittances to household income. Consumption and investment expenditures by migrant-sending households may transmit some of the impacts of migration to others inside and outside the rural economy, and they also may shape the potential effects of migration within the source household. Numerous studies have attempted to quantify the impact of migrant remittances on expenditures in migrant-sending households following one of two approaches. The first asks how migrant remittances are spent. It has the advantage of being simple but the significant disadvantage of ignoring the fungibility of income from migrant and nonmigrant sources. Remittances almost certainly have indirect effects on expenditures by way of their contribution to households' total budgets. The second uses a regression approach that considers remittances as an explanatory variable, in addition to total income and other controls, in a household expenditure demand system. It has the advantage of enabling one to test whether remittances affect expenditures in ways that are independent of their contribution to total income. But it does not take into account other ways, besides remittances, in which migration may influence expenditure patterns in households with migrants. It also may suffer from econometric bias resulting from the endogeneity of migration and remittance receipts. The same variables may simultaneously affect both remittances and household expenditures, and unless one controls for this, biased estimates may result. "--World Bank web site.

Emigrant remittances --- Households --- Rural poor

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Migration. Refugees --- Emigration and immigration --- Refugees. --- Asylum, Right of. --- Emigration et immigration --- Réfugiés --- Droit d'asile --- Economic aspects. --- Government policy. --- Aspect économique --- Politique gouvernementale --- Globalization --- Economic aspects --- Government policy --- Globalization. --- Réfugiés --- Aspect économique --- Emigration and immigration - Economic aspects --- Emigration and immigration - Government policy

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"Essentials of Development Economics represents an alternative approach to traditional development economics textbooks, written to provide students with the critical tools used in today's development economics research and practice. Compact and less expensive than other textbooks for undergraduate development economics courses, Essentials of Development Economics offers a broad overview of key topics and methods in the field. Its fourteen easy-to-read chapters introduce cutting-edge research and present best practices and state-of-the-art methods. Each chapter concludes with an embedded QR code that connects readers to ancillary audiovisual materials and supplemental readings on a website curated by the authors. By mastering the material in this book, students will have the conceptual grounding needed to move on to higher-level development economics courses."--Provided by publisher.

Developing countries: economic development problems --- Development economics --- Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Resource curse --- Developing countries --- Economic policy. --- E-books --- Development economics. --- Economic development. --- Developing countries - Economic policy

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Economic policy and planning (general) --- Mexico

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Written to provide students with the critical tools and approaches used by development economists, Essentials of Development Economics represents an alternative approach to traditional textbooks on the subject. Compact and less expensive than other textbooks for undergraduate development economics courses, Essentials of Development Economics offers a broad overview of key topics and methods in the field. Its fourteen easy-to-read chapters introduce cutting-edge research and present best practices and state-of-the-art methods. By mastering the material in this time-tested book, students will have the conceptual grounding needed to move on to more advanced development economics courses. This new edition includes: updated references to international development policy process and goalssubstantial updates to several chapters with new and revised material to make the text both current and policy relevantreplacement of several special features with new ones featuring widely cited studies

Development economics. --- Developing countries --- Economic policy.