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The literature has mainly focused on analyzing the relationship of remittances with economic growth and social welfare …, neglecting more complex aspects where remittances can have relevant implications. To contribute to the literature, the objective … of this research is to examine the dynamic relationship between remittances, capital formation, structural transformation …
Persistent link: https://www.econbiz.de/10014635990
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
In this study, we explore the hypotheses that (a) workers' remittances enhance economic growth in Latin American … countries, and (b) workers' remittances help reduce poverty in Latin American countries. In recent decades, workers' remittances … have become an important source of income for many developing countries and, as a global aggregate, workers' remittances …
Persistent link: https://www.econbiz.de/10012238423
. In this context, this study focuses on exploring the effects of remittances on the energy poverty of 13 Latin American … moments, are employed to address potential endogeneity issues. The results suggest that remittances play a significant role in … growth and financial development act as mediators, allowing remittances to indirectly contribute to mitigating energy poverty …
Persistent link: https://www.econbiz.de/10014500388
The purpose of this study is to examine the effect of financial development and remittances on economic growth across … financial development and remittances on economic growth with regard to WBC. Based on system GMM analysis, we found that … financial development (broad money stock ratio) and remittances shows positive impact on economic growth across WBC. However …
Persistent link: https://www.econbiz.de/10013183996
This paperwork main objective is to put into limelight the importance of direct investments for economic growth, especially in the context of economic crisis. Based on the most relevant macroeconomic indicators for the period 1990-2007, at the level of Romanian economy, the analysis presented in...
Persistent link: https://www.econbiz.de/10008552742
This paper describes the use of the multiplier and the acceleration principle in the theories of economic growth and income determination. Estimates are obtained for the two approaches to show their applicability and predictive power. The different estimates for Colombia suggest that their...
Persistent link: https://www.econbiz.de/10010781865
Few studies in the literature have dealt with the causality between fixed investment and economic growth. This study investigates the causal nexus of fixed investment and economic growth for a number of industrialized countries by constructing a vector autoregression (VAR) model for each...
Persistent link: https://www.econbiz.de/10008481999
Since its birth in 1970s microfinance has been growing rapidly with the aim to lift people out of poverty and promote economic growth. Its role and importance has been amplified amidst the global financial crisis when trust into formal banking is shaken. Despite global recognition and popularity...
Persistent link: https://www.econbiz.de/10010781947
Recent changes in the microfinance landscape are characterized by increasing patterns of its integration with national financial systems and entry of commercial banks. Microfinance is no longer perceived as an isolated marginal sector of informal intermediation but rather constitutes particular...
Persistent link: https://www.econbiz.de/10008752382