Redirigiendo al acceso original de articulo en 23 segundos...
ARTÍCULO
TITULO

Worker?s Remittances and GDP Growth in Pakistan

Rashid Hussain    
Ghulam Abbas Anjum    

Resumen

The worker?s remittances are considering second largest source of finance in developing countries after FDI. Worker?s remittances and GDP growth has analyzed for Pakistan for the period from 1973 to 2011. The Generalized method of moments (GMM) has used to control endogeniety problem and GMM also employed to handle unobservable effects. The study showed that worker?s remittances are positive as well as significant with GDP growth and also playing an active role in Pakistan economy. Impact of financial sector on GDP growth is also positive and significant as trade openness and world growth GDP. The vital policy based on our finding is financial sector should be improve for smooth and horizontal transection of remittances and also this sector perform productive investment. Keywords: remittances; volatility; FDI; GMM; financial development JEL Classifications: E01; F24; F43

 Artículos similares

       
 
Taiwo Ajilore,Sylvanus Ikhide    
AbstractThe study examined the assumption that ?size matters? in the empirical controversy of the relationship between migrants? remittances and economic growth. This is done through an empirical analysis of the remittances-growth relationships in select... ver más