Artikel
Remittances, development level, and long-run economic growth
This paper seeks to enrich the field of research on the topic of the impact of remittances on long-run economic growth. Using an unbalanced panel data covering a sample of 116 countries with different development levels over the period 1990-2014, we studied the interaction between remittances and the level of economic development, as well as its impact on long-run economic growth-because the impact of remittances could be influenced by the development level of the receiving countries. In parallel, we explored the hypothesis about diminishing a country's capacity to use remittances for promoting long-run economic growth as the abundance of remittances increases. To control the endogeneity while estimating the impact of remittances on long-run economic growth, we used OLS (ordinary least squares) with FD (first differences) transformation and FE (fixed effects) approaches and other controls of long-run growth. Our results showed that in general remittances have a positive impact on long-run economic growth, but the impact differs based on the country's economic development level and the abundance of remittances in the economy.
- Sprache
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Englisch
- Erschienen in
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Journal: Economies ; ISSN: 2227-7099 ; Volume: 4 ; Year: 2016 ; Issue: 4 ; Pages: 1-20 ; Basel: MDPI
- Klassifikation
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Wirtschaft
Remittances
Economic Growth of Open Economies
Macroeconomic Analyses of Economic Development
- Thema
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remittances
long-run economic growth
development level
- Ereignis
-
Geistige Schöpfung
- (wer)
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Matuzeviciute, Kristina
Butkus, Mindaugas
- Ereignis
-
Veröffentlichung
- (wer)
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MDPI
- (wo)
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Basel
- (wann)
-
2016
- DOI
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doi:10.3390/economies4040028
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Matuzeviciute, Kristina
- Butkus, Mindaugas
- MDPI
Entstanden
- 2016
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