A Note on the Long-Run Relationship between Growth and Remittances Using a Time Series Approach

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Eric Kam, Mohammad Salahuddin

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Published: 18 April 2019 | Article Type :

Abstract

This paper employs one of the longest time series data sets (1977-2015) from Bangladesh, India, Pakistan and the Philippines to study the relationship between migrant remittances and economic growth. We uncover a long-run positive significant relationship between remittances and growth only in Bangladesh and India. There is also evidence of Granger causality for remittances and growth in Bangladesh, Pakistan and the Philippines.

Keywords: Remittances, Economic Growth, Time Series.
JEL Classification: O11, O47.

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Eric Kam, Mohammad Salahuddin. (2019-04-18). "A Note on the Long-Run Relationship between Growth and Remittances Using a Time Series Approach." *Volume 2*, 2, 16-18