A panel data analysis of the growth effects of remittances |
| |
| Authors: | B Bhaskara Rao Gazi Mainul Hassan |
| |
| Institution: | 1. Department of Economics, Tufts University, Braker Hall, 8 Upper Campus Road, Medford, MA 02155, USA;2. Federal Reserve Bank of Atlanta, Research Department, 1000 Peachtree St. Northeast, Atlanta, GA 30309, USA |
| |
| Abstract: | Many development economists believe that remittances by the migrant workers are an important source of funds for long run growth. Therefore, recent studies have investigated the growth effects remittances in the recipient countries but reached different conclusions. This paper analyses the strength of these effects with a common data set with alternative specifications and estimation methods. Our results show that the direct growth effects of remittances are insignificant. However, remittances may have small indirect growth effects. |
| |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
