Impacto macroeconómico de las remesas familiares en México, 1950-2004.

Abstract

The main objective of this thesis is to study international migration between Mexico and the United States, and particularly in the family remittances that Mexican migrants send from its neighbor from the north. Regarding its structure, this thesis is composed in four parts. Part I try to explain migration and family remittances in Mexico through six chapters that goes from different definitions proposed by diverse authors or institutions: main interpretative approaches of preceding works, empirical and statistical analysis, migratory policy, migration evolution, migration geography and the amount of remittances and its regional distribution. Part II is dedicated to the evolution of Mexican foreign sector; an analysis of Payment Balances in 1950-2004 that is based on the analysis of current and capital accounts. The objective proposed in this part is to determine the performance of these two accounts in the period previously specified, and how they affected Mexican economy. The knowledge of the current account evolution and the effects on the country economy allows relating foreign accounts with migration and family remittances. Part III focuses on family remittances and its relative importance in function to other Balance of Payments variables. Practically all the analysis is developed from an empirical view, where family remittances evolution and its weight on unilateral transfers are directly studied; this permit a great knowledge over family remittances and other issues related to the Mexican remittances tendency. The final part is based on the explanation of the empirical data. The proposed objective for this final part was to measure the relation between economic growth and family remittances recollection. In order to accomplish this objective it has been realized two econometrical regressions based on OLS. In the same way it was measured the family remittances capacity to finance the current account deficit. The obtained results in this part allow us to prove second and third hypothesis of this study. The analysis is closed with the debt problem and foreign debt by interest's payment and capital utilities.

Date of Award	25 Apr 2006
Original language	Undefined/Unknown
Supervisor	Jordi Maluquer de Motes Bernet (Director)