Do remittances spur economic growth? ...
Type de document :
Compte-rendu et recension critique d'ouvrage
Titre :
Do remittances spur economic growth? Evidence from developing countries
Auteur(s) :
Eggoh, Jude [Auteur]
Laboratoire d'économie d'Orleans [2008-2011] [LEO]
Bangake, Chrysost [Auteur]
Laboratoire d'économie d'Orleans [2008-2011] [LEO]
Lille économie management - UMR 9221 [LEM]
Semedo, Gervasio [Auteur]
Université de Tours [UT]
Laboratoire d'économie d'Orleans [2008-2011] [LEO]
Bangake, Chrysost [Auteur]
Laboratoire d'économie d'Orleans [2008-2011] [LEO]
Lille économie management - UMR 9221 [LEM]
Semedo, Gervasio [Auteur]
Université de Tours [UT]
Titre de la revue :
Journal of International Trade and Economic Development
Pagination :
391-418
Éditeur :
Taylor & Francis (Routledge)
Date de publication :
2018-12-10
ISSN :
0963-8199
Mot(s)-clé(s) en anglais :
Remittances
economic growth
non-linearity
PSTR
GMM
economic growth
non-linearity
PSTR
GMM
Discipline(s) HAL :
Sciences de l'Homme et Société/Economies et finances
Résumé en anglais : [en]
This paper provides original econometric evidence on whether international remittance transfers spur economic growth based on data for a sample of 49 developing countries during the period 2001-2013. Using Panel Smooth ...
Lire la suite >This paper provides original econometric evidence on whether international remittance transfers spur economic growth based on data for a sample of 49 developing countries during the period 2001-2013. Using Panel Smooth Transition Regression (PSTR), difference and system generalized methods of moment models, we find two main results. First, remittances have a positive and significant impact on economic growth in developing countries, while aid and foreign direct investments have insignificant impact. Secondly, as far as the nonlinear relationship is concerned, we find two extreme regimes with a sharp shift characterizing the remittance–growth relationship, with respect to conditional variables, where the remittances effects are positive and significant under the first regime and negative or insignificant under the second. Our findings suggest that the nonlinear relationship between remittances and growth mainly depends on financial development and investment, and less on remittance level and consumption.Lire moins >
Lire la suite >This paper provides original econometric evidence on whether international remittance transfers spur economic growth based on data for a sample of 49 developing countries during the period 2001-2013. Using Panel Smooth Transition Regression (PSTR), difference and system generalized methods of moment models, we find two main results. First, remittances have a positive and significant impact on economic growth in developing countries, while aid and foreign direct investments have insignificant impact. Secondly, as far as the nonlinear relationship is concerned, we find two extreme regimes with a sharp shift characterizing the remittance–growth relationship, with respect to conditional variables, where the remittances effects are positive and significant under the first regime and negative or insignificant under the second. Our findings suggest that the nonlinear relationship between remittances and growth mainly depends on financial development and investment, and less on remittance level and consumption.Lire moins >
Langue :
Anglais
Vulgarisation :
Non
Collections :
Source :