Remittance Outflow and Economic Growth Linkage: The Role of Trade,ICT, Human, and Physical Capital
Md. Saiful Islam,
Anis ur Rehman,
Imran Khan
et al.
Abstract:This study focuses on how remittance outflow shapes the economic growth (EG) performance in leading remittance-sending nations, considering the role of trade, ICT, and human and physical capital as control variables. It utilizes panel data from 1990 to 2021 and utilizes second-generation econometric methods. Our findings reveal a cointegration among variables and show that remittance outflow is growth-enhancing in leading remittance-paying countries. Trade, capital formation, and ICT deployment positively impa… Show more
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