Nonlinear Effects of Remittances on Per Capita GDP Growth in Bangladesh

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dc.citation.issue3
dc.citation.volume5
dc.contributor.authorShakur S
dc.contributor.authorHassan GM
dc.contributor.editorPoot, J
dc.date.available2017-07-17
dc.date.issued2017-07-17
dc.description.abstractThe paper examines the impact of inward remittances flows on per capita GDP growth in Bangladesh during 1976-2012. We find that the growth effect of remittances is negative at first but becomes positive at a later stage, an evidence of a non-linear. Unproductive use of remittances was rampant in the beginning when they were received by migrant families but better social and economic investments led to more productive utilisation of remittances receipts at later periods. This was the possible mechanism behind the U-shaped relationship. Unlike what is suggested in the literature that the effect of remittances is more pronounced in a less financially developed economy, our evidence do not show that the effect of remittances on per capita GDP growth in Bangladesh is conditional on the level of financial development.
dc.description.confidentialfalse
dc.edition.editionSpecial Issue Long-Run Economic Impacts of International Migration
dc.identifier25
dc.identifier.citationEconomies, 2017, Special Issue Long-Run Economic Impacts of International Migration, 5 (3)
dc.identifier.doi10.3390/economies5030025
dc.identifier.elements-id419667
dc.identifier.harvestedMassey_Dark
dc.identifier.issn2227-7099
dc.languageEnglish
dc.publisherMDPI AG
dc.relation.isPartOfEconomies
dc.relation.urihttps://www.mdpi.com/2227-7099/5/3/25
dc.rightsThis is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
dc.titleNonlinear Effects of Remittances on Per Capita GDP Growth in Bangladesh
dc.typeJournal article
pubs.notesNot known
pubs.organisational-group/Massey University
pubs.organisational-group/Massey University/Massey Business School
pubs.organisational-group/Massey University/Massey Business School/School of Economics and Finance
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