Abstract
This analyzed the impact of remittances on growth in developing countries i.e.
South Asian countries during 1981-2018. They are considered the major
remittances recipients countries. The nature of the data is panel; therefore, Panel
unit root tests and panel ARDL technique are employed. Unit root tests reported
mixed order of stationarity. ARDL results revealed that remittances positively
affect growth in both the short and long runs. Controlled variables are also used
in the model which do not affect growth in the short while affect positively in the in
the long run. The results of the short run for individual country case is a little
different, we founded that remittances affect growth positively but the value of coefficient and significance level are different for different countries which confirms
the disparity in contribution to growth. Therefore, this study suggests that different
inflows of remittances should be deal differently on the basis of its contribution to
different economies.
Sher Ali , Saleem Khan, Saima Urooge. (2019) Workers’ Remittances And Economic Growth: Evidence From South Asian Countries Using Panel Ardl, Journal of the Research Society of Pakistan, Volume 56, Issue 2.
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