Showing 1 - 10 of 7,101
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
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
increases the likelihood that remittances are used for productive investment and decreases the likelihood that remittances are … remittances for productive investment, purchasing assets, and general consumption. … remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for …
Persistent link: https://www.econbiz.de/10010389626
The study employs macro data on 42 African countries to examine whether remittances and financial development …. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …'s financial system is not potent enough for repacking remittances towards the equalisation of incomes, and (iii) vis …
Persistent link: https://www.econbiz.de/10013257108
This study employs macrodata on 42 African countries to examine whether remittances and financial development …. Robust evidence based on the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii …) Africa’s financial system is not potent enough for propelling remittances towards the equalisation of incomes, and (iii) vis …
Persistent link: https://www.econbiz.de/10013263036
The paper explored (1) the impact of remittances on financial development and (2) whether the interaction between … remittances and human capital development had an influence on financial development in transitional economies using the dynamic … GMM approach, with data ranging from 1996 to 2014. Remittances were found to have had a non-significant positive influence …
Persistent link: https://www.econbiz.de/10012145688
increases the likelihood that remittances are used for productive investment and decreases the likelihood that remittances are … remittances for productive investment, purchasing assets, and general consumption … remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for …
Persistent link: https://www.econbiz.de/10013000979
The paper assesses how remittances directly and indirectly affect industrialisation in a panel of 49 African countries … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10011542423
Persistent link: https://www.econbiz.de/10015048767
Despite the magnitude of remittances as an alternative source of investment financing in Africa, the financial sector … examine the structural linkages between remittances and financial sector development in Africa. Panel data on indices of … remittances was regressed on indices of financial sector development in fifty-three (53) African countries from 1986 through 2017 …
Persistent link: https://www.econbiz.de/10012304906