REMITTANCES AND ECONOMIC GROWTH IN TRANSITION COUNTRIES
Küçük Resim Yok
Tarih
2019
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Int Journal Contemporary Economics & Administrative Sciences
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Migrants' remittances have become an important development tool because they can raise income and reduce poverty rates in developing countries. These remittances might also promote development by providing funds that recipients can spend on education or health care or invest in entrepreneurial activities. Thus, workers' remittances are a steadily growing external source of capital for developing countries. in spite of the fact that importance of remittances in total international capital flows are increasing, the relationship between remittances and growth has not been adequately studied. the main aim of this paper is to investigate the impact of remittances on economic growth for the transition countries. For the aim of the study, we test the hypothesis suggested by the Giuliano and Ruiz-Arranz (2005), which states that remittances can substitute for a lack of financial development and hence promote economic growth. We use panel data for the transition countries between the time period 2001-2012. the results of the study suggest that there is a negative significant effect of remittances on economic growth in the transition economies.
Açıklama
Onder, A. Ozlem/0000-0002-8903-8931
Anahtar Kelimeler
economic growth, transition countries, remittances, panel data
Kaynak
International Journal of Contemporary Economics and Administrative Sciences
WoS Q Değeri
N/A
Scopus Q Değeri
Cilt
9
Sayı
2
