DETERMINANTS OF REMITTANCE: PAKISTANI MIGRANTS IN YIWU, CHINA

Abstract

Remittances are the transformation of payment send by international migrants to be used in their home country. This study explains the remitting behavior of Pakistani migrants in Yiwu. For this study, the primary data were used for analysis which collected. Of these, 116 Pakistani migrants participated in the interview. Snowball sampling technique used to collect data. Linear regression model used to estimate the likelihood and determinants of remittance of migrants. The results show that Pakistani migrants remit 50,290 Yuan per year on average. More than 91% Pakistani migrants are sending remittance to their home country. This research shows that Pakistani migrants are sending money to their families and parents that are purely altruistic. The main contribution of this research is to explore the relationship between various factors and remittances.  Article visualizations

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