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The impact of remittances on economic growth in Bangladesh, India, Pakistan and Sri Lanka

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  • Soma Rani Sutradhar

    (Jatiya Kabi Kazi Nazrul Islam University
    University of Leeds)

Abstract

This paper investigates the impact of workers’ remittances on economic growth of four South Asian emerging countries by employing balanced panel data from 1977 to 2016. Pooled OLS, fixed effects, random effects and dummy variable interaction models are used to estimate the impact of remittances. The empirical regression analysis confirms a negative effect of remittances on economic growth in Bangladesh, Pakistan and Sri Lanka. Conversely, remittances have a positive impact on economic growth in India. This study also indicates a joint significant and negative relationship between remittances and economic growth in four countries.

Suggested Citation

  • Soma Rani Sutradhar, 2020. "The impact of remittances on economic growth in Bangladesh, India, Pakistan and Sri Lanka," International Journal of Economic Policy Studies, Springer, vol. 14(1), pages 275-295, February.
    • Handle: RePEc:spr:ijoeps:v:14:y:2020:i:1:d:10.1007_s42495-020-00034-1
    DOI: 10.1007/s42495-020-00034-1
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