Nexus among Foreign Remittances and Economic Growth Indicators in South Asian Countries: An Empirical Analysis

• DOI: 10.16980/jitc.17.1.202102.263
• Publication Date: 2021-03-17T01:59:11Z
• Authors: Muhammad Imran; Mengyun Wu; Ruihui Yu; Yongping Zhong; Hee Cheol Moon
• Keywords: 01 natural sciences; 0105 earth and related environmental sciences

Purpose This paper aims to analyse that how the remittance effect growth indicators like Employment;Export and Inflation in South Asian Region Countries(SAARC). Design/Methodology/Approach examined impact of remittances economic on SAARC region using panel data set for period 12/1994 12/2017. Our models are estimated fixed model (FEM) or random (REM) Hausman (1978) specification test. Findings Remittances showed positive statistically significant region. Though coefficient is relatively low which may be due informal channels transferring remittances. Export employment also GDP. But;inflation have no GDP our sample. Research Implications employment. encourage overseas working force send through formal way predict true magnitude The government need reduce cost transfer discourage transfer.