Remittances, growth and poverty : new evidence from Asian countries

Imai, KS, Gaiha, R, Ali, A and Kaicker, N 2014, 'Remittances, growth and poverty : new evidence from Asian countries' , Journal of Policy Modeling, 36 (3) , pp. 524-538.

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Abstract

The present study re-examines the effects of remittances on growth of GDP per capita using annual panel data for 24 Asia and Pacific countries. The results generally confirm that remittance flows have been beneficial to economic growth. However, our analysis also shows that the volatility of capital inflows such as remittances and FDI is harmful to economic growth. This means that, while remittances contribute to better economic performance, they are also a source of output shocks. Finally, remittances contribute to poverty reduction – especially through their direct effects. Migration and remittances are thus potentially a valuable complement to broad-based development efforts.

Item Type: Article
Schools: Schools > Salford Business School > Salford Business School Research Centre
Journal or Publication Title: Journal of Policy Modeling
Publisher: Elsevier
ISSN: 0161-8938
Related URLs:
Funders: UN (IFAD), Rome, Italy
Depositing User: Dr Abdi Ali
Date Deposited: 19 Jan 2018 12:18
Last Modified: 19 Jan 2018 12:34
URI: http://usir.salford.ac.uk/id/eprint/45014

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