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Full-Text Articles in Social and Behavioral Sciences
The Impact Of Migrant Remittances On Economic Growth: Evidence From South Asia, Arusha V. Cooray
The Impact Of Migrant Remittances On Economic Growth: Evidence From South Asia, Arusha V. Cooray
Arusha Cooray
Incorporating migrant remittances among other variables into a growth model, and employing panel data over the 1970-2008 period, this study investigates the impact of migrant remittances on economic growth in South Asia. Migrant remittances are found to have a significant positive effect on economic growth. A significant positive interactive effect of remittances on economic growth is detected through education and financial sector development.
Migrant Remittances, Financial Sector Development And The Government Ownership Of Banks, Arusha V. Cooray
Migrant Remittances, Financial Sector Development And The Government Ownership Of Banks, Arusha V. Cooray
Arusha Cooray
This study investigates the influence of migrant remittances on twodimensions of the financial sector, namely, size and efficiency. Evidence suggests thatmigrant remittances contribute to increasing the size and efficiency of the financialsector. The study, in addition, examines the impact of remittances on financial sectorsize and efficiency through the government ownership of banks channel. While theresults suggest that remittances lead to larger increases in financial sector size incountries in which the government ownership of banks is lower and increases inefficiency in countries in which the government ownership of banks is higher, thegovernment is found to play an important role in promoting …