Do Workers' Remittances Promote Economic Growth?

Barajas, Adolfo; Chami, Ralph; Fullenkamp, Connel; Gapen, Michael; Montiel, Peter J.

doi:10.2139/ssrn.1442255

Cited by 128 publications

(80 citation statements)

References 14 publications

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“…In 2020, the amount of International Humanitarian Assistance received from the Department of State and USAID did not exceed 6 billion USD as an emergency response to COVID-19. Figure (1)(2)(3)(4)(5)(6)(7)(8)(9) shows The relative distribution of this aid. Still, it is highly important to clarify the general structure of the aid received in terms of the donors as well as the targeted economic sectors as well.…”

Section: Official Development Assistance and Aid Received (Oda)mentioning

confidence: 99%

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The Effect of Foreign Capital Inflows on Economic Growth in Egypt

Abdelgany¹

2022

مجلة السیاسة والاقتصاد

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This research is designed to investigate the effects that sources of foreign capital inflows (FCI) have on economic growth in Egypt. Concentration is given to the two significant sources of FCIs in Egypt, migrant remittances (REM) and Net Official Development Aids and Assistance received (ODA) inflows.The study applies the Auto Regressive Distributed Lag (ARDL) Bounds testing method to examine cointegration based on annual time series data for Egypt from 1990 to 2020. Data for analysis are mainly collected from the World Bank development indicators data set (WBI).Results of the study indicate that REM and ODA, as the two significant sources of FCIs, have a positive and significant impact on economic growth in the long term. Indications imply that a 1% increase in REM causes GDP to grow by 0.134 %, while a 1% increase in ODA fosters economic growth by 0.109 %. Furthermore, short-term estimation indicates that the error correction form (ECM) coefficient is (-0.47), implying that GDP adjusts by 47% yearly to return to its equilibrium status.

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Section: Official Development Assistance and Aid Received (Oda)mentioning

confidence: 99%

“…Finally, The P-values of the t-statistic, F-statistic, and likelihood ration of the Ramsey reset test are more than0 .05 which means that there is a correct functional form. Test results are shown in table(2)(3)(4)(5)(6)(7)(8)(9)…”

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confidence: 99%

The Effect of Foreign Capital Inflows on Economic Growth in Egypt

Abdelgany¹

2022

مجلة السیاسة والاقتصاد

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“…They discovered a bad boom impact of remittances at first and the impact have become tremendous at a later stage. Besides those researches, Barajas et al [9] concluded that employees' remittances do now no longer have any effect on financial boom in growing nations through employing the panel dataset of eighty four nations over the duration from 1970 to 2004. Shaikh et al The above-defined literature in particular makes a specialty of the outcomes of remittances at the growing or rising economies.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Remittance inflows might also moreover stimulate funding in capital accumulation. Remittancerecipient households can make larger the accumulation charge of bodily and human capital [9]. Remittances moreover stimulate capital accumulation by means of way of elevating cash to the investors [21].…”

Section: Remittance Inflows and Capital Accumulationmentioning

confidence: 99%

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The Impact of Remittances on Economic Growth of South Asian Countries: An Overview of Bangladesh, India, Pakistan and Sri Lanka

-¹,

-²,

-³

2022

IJFMR

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This paper investigates the effect of employees’ remittances on the monetary increase of four South Asian rising locations via way of means of using balanced panel information from 1977 to 2020. Pooled OLS, constant results, random consequences and dummy variable interplay fashions are used to estimate the effect of remittances. The empirical regression evaluation confirms a bad impact of remittances on financial boom in Bangladesh, Pakistan and Sri Lanka. Conversely, remittances have an advantageous effect on monetary boom in India. This research additionally shows a joint considerable and negative relationship between remittances and financial growth in these four nations.

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Remittances and Development

Ratha¹,

Mohapatra²

2012

The Wiley‐Blackwell Encyclopedia of Globalization

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All rights reserved 1 2 3 4 11 10 09 08 This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent.The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.

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Do Workers' Remittances Promote Economic Growth?

Cited by 128 publications

References 14 publications

The Effect of Foreign Capital Inflows on Economic Growth in Egypt

The Effect of Foreign Capital Inflows on Economic Growth in Egypt

The Impact of Remittances on Economic Growth of South Asian Countries: An Overview of Bangladesh, India, Pakistan and Sri Lanka

Remittances and Development

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