A panel data analysis of the growth effects of remittances

被引：63
|
作者：
Rao, B. Bhaskara [1 ]
Hassan, Gazi Mainul [1 ]
机构：
[1] Univ Western Sydney, Sch Econ & Finance, Penrith, NSW 1797, Australia
来源：
ECONOMIC MODELLING | 2011年 / 28卷 / 1-2期
关键词：
Remittances; Growth; Panel data; System GMM; POLICIES; POVERTY; AID;
D O I：
10.1016/j.econmod.2010.05.011
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码：701 / 709
页数：9
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