2022
DOI: 10.1080/20430795.2022.2060175
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Are the remittance receipts of the South-Asian region resilient to the Covid-19 crisis? A peek into the future through the past

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Cited by 7 publications
(5 citation statements)
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References 35 publications
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“…Although conventional stationarity testing does not account for structural breaks the data showed no signs of them. When the mean, variance, and covariance are constant, a series reaches stationarity (Khan et al, 2022). All variables integration occurs at I(1) according to the ADF results, with the exception of LNRENEW, which is I(0) at the trend and intercept, whereas every variable is stationary at I(1) according to the PP results.…”
Section: Data Presentationmentioning
confidence: 89%
“…Although conventional stationarity testing does not account for structural breaks the data showed no signs of them. When the mean, variance, and covariance are constant, a series reaches stationarity (Khan et al, 2022). All variables integration occurs at I(1) according to the ADF results, with the exception of LNRENEW, which is I(0) at the trend and intercept, whereas every variable is stationary at I(1) according to the PP results.…”
Section: Data Presentationmentioning
confidence: 89%
“…In this context, Khan (2023) found that positive shocks in remittance inflows to India helped enhance its economic growth. Furthermore, it has also been found that the resiliency of foreign fund inflows is important for a nation’s economic development and acts as a shock absorber during economic downturns (Khan and Akhtar, 2022; Khan and Gunwant, 2023b). Furthermore, it has also been found in past studies that foreign fund inflows help reduce unemployment.…”
Section: Theoretical Backgroundmentioning
confidence: 99%
“…Remittances, which refer to the money sent home by migrants, play a critical role in the development of recipient nations (Padhan et al, 2023). Even during the economic downturn caused by the COVID-19 pandemic in 2020, remittances displayed surprising resilience, experiencing a smaller decline than initially anticipated (Khan and Akhtar, 2022). According to the World Bank, remittances to developing countries decreased by a marginal 1.6% in 2020 compared to 2019, which was significantly less severe than the impact of the 2009 financial crisis.…”
Section: Literature Reviewmentioning
confidence: 99%