Do Remittances Promote Growth in Latin America ? A Panel Unit Root and Panel Cointegration Analysis
نویسندگان
چکیده
منابع مشابه
Remittances and Growth in Latin America: A Panel Unit Root and Panel Cointegration Analysis
Using recently developed panel unit root and panel cointegration tests and the FullyModified OLS (FMOLS) methodology, this paper estimates the impact of remittances on the economic growth of selected upper and lower income Latin American & Caribbean countries. Despite a large flow of remittances to the region, there have been relatively few empirical studies assessing the impact of remittances ...
متن کاملElectricity Demand in MENA Countries: A Panel Cointegration Analysis
Abstract In this study, we applied recently developed panel unit root and cointegration techniques to examine the long-run real income per capita and price elasticities for demand of electricity in selected Middle East and North African (MENA) countries using an annual data series from 1990 to 2011.Our main finding from the panel analysis is that the demand for electricity is highly price ela...
متن کاملFinancial development and economic growth: evidence from panel unit root and cointegration tests
In this paper we investigate the long run relationship between financial depth and economic growth, trying to utilize the data in the most efficient manner via panel unit root tests and panel cointegration analysis. In addition, we use threshold cointegration tests, and dynamic panel data estimation for a panel-based vector error correction model. The long run relationship is estimated using fu...
متن کاملThe Relationship between Efficiency of Healthcare Costs and Economic Growth: Empirical Validation from Mediterranean Countries
The increase of healthcare costs improved as a rule the health of the population. Sometimes the positive effects of this expense are shaded off. On one hand, this expense improves the offer of the medical care. Other influential factors on the health of population, we quote as example the training, the lifestyle, the hygiene and the distribution of income. On the other hand the increase of thes...
متن کاملDo Workers\' Remittances Matter for the Egyptian Economy?
Workers’ remittances constitute one of the most important sources of external finance for many developing countries. Although it shows a decreasing trend in recent years, Egypt after 1970s with her regular and massive labor migration to abroad has been still one of the gainer countries on remittances across the world. Empirical studies that implemented for various countries reveal workers’ ...
متن کامل