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Impact of Remittances on Economic growth in selected Asian and Former Soviet Union countries

Abdullaev, Ravshanbek LU (2011) NEKM01 20111
Department of Economics
Abstract (Swedish)
Recent increase in the international remittance transfers from developed to developing countries has caught great attention among academic scholars and policymakers. This paper investigates the potential impact of these workers’ remittances on the long-term economic growth of recipient countries. The results of the empirical regression analysis indicate that remittances have positive effect on the per capita income growth of 10 selected countries. Furthermore, the paper investigates the channels through which these worker’ remittances can have positive impact on the economic growth. The results suggest that remittances have no impact on physical capital accumulation but positive impact on human capital accumulation in these countries.
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author
Abdullaev, Ravshanbek LU
supervisor
organization
course
NEKM01 20111
year
type
H1 - Master's Degree (One Year)
subject
keywords
Remittances, Economic Growth, Panel Data Analysis, GMM method, Capital Accumulation.
language
English
id
1974163
date added to LUP
2011-06-16 14:58:40
date last changed
2011-06-16 14:58:40
@misc{1974163,
  abstract     = {Recent increase in the international remittance transfers from developed to developing countries has caught great attention among academic scholars and policymakers. This paper investigates the potential impact of these workers’ remittances on the long-term economic growth of recipient countries. The results of the empirical regression analysis indicate that remittances have positive effect on the per capita income growth of 10 selected countries. Furthermore, the paper investigates the channels through which these worker’ remittances can have positive impact on the economic growth. The results suggest that remittances have no impact on physical capital accumulation but positive impact on human capital accumulation in these countries.},
  author       = {Abdullaev, Ravshanbek},
  keyword      = {Remittances,Economic Growth,Panel Data Analysis,GMM method,Capital Accumulation.},
  language     = {eng},
  note         = {Student Paper},
  title        = {Impact of Remittances on Economic growth in selected Asian and Former Soviet Union countries},
  year         = {2011},
}