Abstract
This study investigates the effect of remittances on agricultural
growth and poverty alleviation in the least developed countries.
For this purpose, panel data on least developed countries over
the period 1970-2010, by using fixed effect model, has been
analyzed. After using different sources, data of 41 least
developed countries for the agricultural model and 16 least
developed countries for poverty model have been extracted. It
has been found that remittances are significantly related to the
use of agricultural machinery, crop production index and
agriculture value. The results indicate that an increase in
remittances leads to a rise in agricultural growth in the least
developed nations. Remittances are an effective source to
enhance the size of the agriculture sector. The results also show
that remittances have a significant negative effect on poverty in
general but tend to decrease the poverty gap.
Afaf Mudassar, Abdul Waheed, Faisal Mustafa. (2018) The Impact of Remittances on Agricultural Growth and Poverty Alleviation of Least Developed Countries, Paradigms , Vol 12, Issue 2 .
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