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The use of GDP per capita as a measure of economic growth has been recently subject to a wide criticism by many economists. It has been observed that while some countries have experienced economic growth in recent years, income inequality and poverty continue to be exacerbated. Recently, SDG 8...
Persistent link: https://www.econbiz.de/10014416029
The study employs macro data for 42 African countries to examine the interactive and threshold effects of financial development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that remittances are not statistically significant in...
Persistent link: https://www.econbiz.de/10014265891