Vol 7, No 2 (2019)
Remittance inflows and economic growth: the case of developing countries
Tolina Fufa, Casey Abington, Tekle Wanorie
Abstract
This paper investigates the long-run growth effect of remittance flows to developing countries using the dynamic panel generalized-method-of-moments (GMM) estimators with Windmeijer (2005) correction. Our results indicate that the link between remittance inflows and economic growth is conditional on the extent of financial depth and quality of governance of the recipient countries.
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Keywords
Remittances; Economic growth; GMM.
Publication information
Volume 7, Issue 2
Year of Publication: 2019
ISSN: 1857 - 8721
Publisher: EDNOTERA
How to cite
Fufa, T., Abington, C., Wanorie, T.: Remittance inflows and economic growth: the case of developing countries. Journal of Applied Economics and Business, Vol 7, No. 2, 38-53. (2019)