A panel data analysis of the growth effects of remittances

B. Rao and Gazi Hassan ()

MPRA Paper from University Library of Munich, Germany

Abstract: Many development economists believe that remittances by the migrant workers are an important source of long rum growth. Therefore, recent studies have investigated the indirect and direct effects remittances on the growth rates of the recipient countries. This paper analyses the strength of these effects with a common data set and with alternative methods of estimation. It is found that while the evidence supports the indirect effects of remittances, the direct growth effects of remittances seem to be insignificant.

Keywords: Remittances; Growth; Panel Data; System GMM (search for similar items in EconPapers)
JEL-codes: F22 F43 (search for similar items in EconPapers)
Date: 2009-10-21
New Economics Papers: this item is included in nep-dev, nep-fdg and nep-mig
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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Related works:
Journal Article: A panel data analysis of the growth effects of remittances (2011)
Journal Article: A panel data analysis of the growth effects of remittances (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:18021

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