Open Access. Powered by Scholars. Published by Universities.®

Macroeconomics Commons™

Open Access. Powered by Scholars. Published by Universities.®

Econometrics

Selected Works

Selected Works

Remittances and Economic Growth

Publication Year

Articles 1 - 5 of 5

Full-Text Articles in Macroeconomics

Ma Thesis - Migration And Development: The Development Impacts Of Short-Term Labour Migration Of Ni-Vanuatu Workers To New Zealand, Ronald R. Kumar Aug 2012

Ma Thesis - Migration And Development: The Development Impacts Of Short-Term Labour Migration Of Ni-Vanuatu Workers To New Zealand, Ronald R. Kumar

Dr Ronald R Kumar

The New Zealand’s Recognised Seasonal Employer (RSE) scheme is a New Zealand Government initiative that officially commenced in 2007. In this programme, five developing Pacific Island countries (PICs), namely Kiribati, Samoa, Solomon Islands, Tonga, and Vanuatu – referred to as the kick start countries, participated in short-term labour migration. The objectives of this Scheme are at least two fold. Firstly, the scheme was initiated to address seasonal labour shortage in New Zealand and second, to give employment opportunity to selected PICs. Since 2007, the RSE Scheme has undergone significant changes primarily addressing issues and concerns that emerged along the way. …

Go to article

Exploring The Nexus Between Trade, Visitor Arrivals, Remittances And Income In The Pacific: A Study Of Vanuatu, Ronald R. Kumar, Vijay Naidu, Radika Kumar Nov 2011

Exploring The Nexus Between Trade, Visitor Arrivals, Remittances And Income In The Pacific: A Study Of Vanuatu, Ronald R. Kumar, Vijay Naidu, Radika Kumar

Dr Ronald R Kumar

We explore the contributions of trade openness, remittance inflows and expansion in tourism towards improving income in Vanuatu over the periods 1983-2009 using the augmented Solow approach and the ARDL bounds test. The results show trade openness and remittances have a positive and statistically significant effect on the long run growth of the economy while tourism expansion is not statistically significant. For a broad-based development policy we propose: remittance inflows need to be encouraged and additional remittance markets to be explored; trade negotiations with specific focus on temporary movement of natural persons need to be prioritized; and ensuring access to …

Go to article

Nexus Between Financial And Technology Inclusion, Remittances And Trade Openness Vis-À-Vis Growth: A Study Of Nepal, Ronald R. Kumar Nov 2011

Nexus Between Financial And Technology Inclusion, Remittances And Trade Openness Vis-À-Vis Growth: A Study Of Nepal, Ronald R. Kumar

Dr Ronald R Kumar

No abstract provided.

Go to article

Trade, Aid, Remittances And Financial Development: The Case Of Pakistan, Ronald Kumar Nov 2011

Trade, Aid, Remittances And Financial Development: The Case Of Pakistan, Ronald Kumar

Dr Ronald R Kumar

In this paper, we explore the role of trade openness, overseas development aid (ODA), remittance inflows and financial development vis-à-vis income in Pakistan for the periods 1980-2010 using the bounds procedure within the augmented Solow-model approach. In the long-run, trade openness, ODA, and remittances have a significant positive effect on the income level, while financial development is not statistically significant. In the short run, ODA has contributed positively towards income growth while remittances, trade openness and financial development have lagged negative effects, thus underscoring somewhat different behaviour of aid and remittance inflows. Accordingly, for development policy discourse, we emphasise the …

Go to article

Do Remittances, Exports And Financial Development Matter For Economic Growth? A Case Study Of Pakistan Using Bounds Approach, Ronald R. Kumar Dec 2010

Do Remittances, Exports And Financial Development Matter For Economic Growth? A Case Study Of Pakistan Using Bounds Approach, Ronald R. Kumar

Dr Ronald R Kumar

The study explores, using bounds test, the short-run and long-run effects of remittances, exports and financial development on per worker income using the annual data for the period 1980-2009 in Pakistan. The results show exports are significant both in the short-run and long-run while remittances is positively significant only in the long-run but has a lagged negative effect similar to financial development in the short-run. Contrary to some recent findings, the results show financial development does not have any significant long-run effect on per worker income. Therefore, the need to develop exports and remittances markets for long-term sustainability of the …

Go to article