Remittances and Economic Growth
Empirical Evidence from Bangladesh, India and Sri Lanka
Bibliographic Data
| ID | 20303451 |
|---|---|
| Authors | Abu Siddique (0000-0002-9182-2573, The University of Western Australia), Eliyathamby A Selvanathan (0000-0001-6528-7995, Griffith University), Saroja Selvanathan (0000-0002-4129-1727, Griffith University, corresponding author) |
| Year | 2012 |
| Volume | 48 |
| Issue | 8 |
| Pages | 1045-1062 |
| Publication date | 2012-08-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Journal of Development Studies (JOURNAL) |
| Journal identifiers | ISSN: 0022-0388 • E-ISSN: 1743-9140 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00220388.2012.663904 |
| OpenAlex | W2149431383 |
| Language | EN |
| Citations received | 31 |
| References cited | 33 |
In many developing countries, remittance payments from migrant workers are increasingly becoming a significant source of export income. This article investigates the causal link between remittances and economic growth in three countries, Bangladesh, India and Sri Lanka, by employing the Granger causality test under a Vector Autoregression (VAR) framework (Granger, C.W.J. (1988) Some recent developments in the concept of causality. Journal of Econometrics, 39, pp. 199–211). Using time series data over a 25-year period, we found that growth in remittances does lead to economic growth in Bangladesh. In India, there seems to be no causal relationship between growth in remittances and economic growth; but in Sri Lanka, a two-way directional causality is found; namely economic growth influences growth in remittances and vice-versa. The article also discusses a number of policy issues arising from the causality results
Causality (physics) · Development economics · Econometrics · Economic growth · Economics · Granger causality · Macroeconomics · Monetary economics · Remittance · Socioeconomics · Sri lanka · Time series · Vector autoregression · Fiscal Policy and Economic Growth · Migration and Labor Dynamics · Migration, Ethnicity, and Economy
The Effect of Remittance on Economic Growth in Cambodia
Impact of Remittances on Economic Growth
Remittances and Economic Growth
Return Migration in Central Asia
Economic and Socio-Politic Effect of Migration on Bangladesh
Low-skilled emigration, remittances and economic development in India
Care across generations and borders
Microeconomic Impact of Remittances at the Household Level in a Remittance Receiving Country, Bangladesh
The foreign aid and remittance nexus
Sending money home
The non-linear impact of digitization on remittances inflow
Workers' remittances in Central America
How to escape from a poverty trap
Analyzing the Impact of Government Social Spending, Population Growth and Foreign Remittances on Human Development in Pakistan
Impact of Returnee Remittances on Migrant Households’ Well-Being in Bangladesh
Remittance Inflows and Export Complexity
Effect of International Remittance on Economic Growth
Does Remittance Inflow Granger-Cause Economic Growth in South Africa? A Dynamic Multivariate Causality Test
Enhancing Economic Growth and Government Revenue Generation in Nigeria
The Effect of Remittances on Economic Growth in Kyrgyzstan and Macedonia
Effects of Workers' Remittances and its Volatility on Economic Growth in South Asia
Workers’ Remittances and Domestic Investment in South Asia
International Remittances and Private Schooling
Growth Effects of Remittances in Bangladesh
The Heterogeneous Impact of International Migration on Left‐behind Households
The impact of remittances on the receiving country
Sri Lanka’s Labour Migration Trends, Remittances and Economic Growth
Migration, remittances and accumulation of human capital with endogenous debt constraints
Compound impacts of extreme weather events and Covid ‐19 on climate mobilities
Foreign Remittances and the Easing of Credit Constraints
It's my money
Remittances And Natural Disasters
World Development Indicators 2007
Some recent development in a concept of causality
A new look at the statistical model identification
Estimating the Dimension of a Model
Is structural adjustment with a human face possible? The case of Mexico
South-South Migration and Remittances
Remittances and economic growth in developing countries
The Determinants of International Remittances in Developing Countries
Remittances, transaction costs, and informality
Remittances, financial development, and growth
Overseas Workers' Remittances in Asian Development
Overseas Workers’ Remittances in Asian Development
Recruitment of Labor Migrants for the Middle East
Recruitment of Labor Migrants for the Middle East
International migration and development in mexican communities
The Migration–Development Nexus
Migrant Workers
Economic Policies and Trends in Sri Lanka
The New Economics of Labour Migration and the Role of Remittances in the Migration Process
| Unique citing works | 31 |
|---|---|
| Citations per year | 2,58 |
| Citation span | 2014 - 2026 (13) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 25 |