Remittances and Regional Economic Growth in Colombia 2009-2016: A Panel Data Application

被引:0
|
作者
Fernando Chamorro-Garcia, Andres [1 ]
Arbey Hernandez-Garcia, Edwin [2 ,3 ]
机构
[1] Univ Valle, Cali, Colombia
[2] Univ Nacl Colombia, Dept Ciencias Sociales, Palmira, Colombia
[3] Univ Cooperat Colombia, Modelos Estadist & Econometr, Cali, Colombia
来源
APUNTES DEL CENES | 2019年 / 38卷 / 68期
关键词
remittances; economic growth; regional economics; panel data;
D O I
10.19053/01203053.v38.n68.2019.8576
中图分类号
F [经济];
学科分类号
02 ;
摘要
The main objective of the article is to determine the impact of remittances on the economic growth of the regions in Colombia, taking into account the panel data structure for the period 2009-2016. We use the data of international remittance income from the Banco de la Republica and the Gross Domestic Product of the Colombian regions published by the Departamento Administrativo Nacional de Estadistica (DANE), from which econometric equations are assessed using the estimator of fixed effects corrected by autocorrelation and heteroskedasticity for panel data. The results show a positive and significant effect of remittances on regional economic growth.
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页码:213 / 245
页数:33
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