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Persistent link: https://www.econbiz.de/10012128680
The purpose of the study was to examine the relationship between remittances, financial sector development, and … are bound together in the long-run. The results also showed that remittances have a negative and significant effect on … of complementarity between remittances and financial sector development in influencing economic growth. In addition …
Persistent link: https://www.econbiz.de/10012021957
development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …
Persistent link: https://www.econbiz.de/10014265891
How remittances contribute to the economies of remittance-receiving developing countries is a global issue. Considering … Nepal as a highly remittance-receiving country, this paper primarily examines the impact of remittances on economic growth … the effects of remittances on economic growth. The bound test approach of cointegration and the error correction model …
Persistent link: https://www.econbiz.de/10015070431
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
We argue that donors could improve the effectiveness of foreign aid by pursuing complementary and coherent non-aid policies. In particular, we hypothesize that aid from donors that are open to immigration has stronger growth effects than aid from closed donors. We estimate the aid-growth nexus...
Persistent link: https://www.econbiz.de/10010467104
The study investigated the relationship among remittances, financial development and economic growth in a panel of 20 …/ARDL estimations with panel unit root and cointegration tests. After establishing cointegration, remittances and financial development … financial development acted as a substitute in the remittances-growth relationship. Finally, unidirectional causal relationships …
Persistent link: https://www.econbiz.de/10012265886
This paper seeks to enrich the field of research on the topic of the impact of remittances on long-run economic growth …–2014, we studied the interaction between remittances and the level of economic development, as well as its impact on long …-run economic growth-because the impact of remittances could be influenced by the development level of the receiving countries. In …
Persistent link: https://www.econbiz.de/10011610234
There are varied findings on how the remittances, financial development and economic growth relationship works. Some … results show that remittances positively impact economic growth while financial development is found to have no significant … impact on economic growth. The interaction between the remittances and financial development variables is, however, found to …
Persistent link: https://www.econbiz.de/10013348448
literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper … uses macrodata to examine the linkages between financial development, remittances, and economic growth in Ghana. We … combined effect of financial development and remittances should be of concern to policymakers. …
Persistent link: https://www.econbiz.de/10012435773