Remittances and Economic Growth
Evidence from Ethiopia, Kenya, and Uganda
Bibliographic Data
| ID | 13112602 |
|---|---|
| Authors | Mulatu Fekadu Zerihun (0000-0003-4797-928X, Tshwane University of Technology, corresponding author) |
| Year | 2020 |
| Volume | 6 |
| Issue | 3 |
| Publication date | 2020-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | AFRICAN HUMAN MOBILITY REVIEW (JOURNAL) |
| Journal identifiers | ISSN: 2410-7972 • E-ISSN: 2411-6955 |
| Publisher | University of the Western Cape Library Service (PUBLISHER) |
| DOI | 10.14426/ahmr.v6i3.912 |
| OpenAlex | W4285752100 |
| Language | EN |
| Citations received | 2 |
| References cited | 15 |
The purpose of this study is to analyze the possible effect of international remittances on the economic growth in three selected economies of Intergovernmental Authority on Development (IGAD) member countries, namely, Ethiopia, Kenya, and Uganda. Remittance inflows have emerged as a key link between human mobility and development. However, empirical findings on the nexus between remittances and economic growth are either conflicting or at most mixed. This paper explores the effects of remittances from international migration inflows on the economic growth of three IGAD member countries. The study uses quantitative analysis that encompasses the above-mentioned countries using the World Bank's annual data from 1990 to 2017. The novelty of this study is that it uses different approaches to solicit the short-run and the long-run nexus between economic growth and remittance flow. The pooled estimation result from fully modified least squares (FMOLS) shows that the logarithm of remittances impacts the dependent variable, economic growth, positively but not statistically significant. The Kao panel residual cointegration test shows that the null hypothesis is not sufficiently supported by the data. There is a statistically significant long-run relationship between the variables in the series
Cointegration · Developing country · Development economics · Econometrics · Economic growth · Economics · Human capital · Macroeconomics · Nexus (standard · Null hypothesis · Panel data · Remittance · World Development Indicators · Economic Growth and Development · Migration and Labor Dynamics · Migration, Ethnicity, and Economy
Unit root tests in panel data
Testing for unit roots in heterogeneous panels
Remittances and Economic Growth
Handbook of Migration and Globalisation
Remittances Deteriorate Governance
Impact of Remittances on Economic Growth
Migration patterns and emigrants’ transnational activities
Education, lifelong learning, inequality and financial access
The Mobile Phone in the Diffusion of Knowledge for Institutional Quality in Sub-Saharan Africa
The Impact of Remittances on Investment and Poverty in Ghana
Motivations to Remit
Emergent Migration Policy in a Democratic South Africa
Booming Sector and De-Industrialisation in a Small Open Economy
Ethiopia in the World Economy
Cross-Border Migration and Social Inequalities
| Unique citing works | 2 |
|---|---|
| Citations per year | 1 |
| Citation span | 2024 - 2025 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |