期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2016
卷号：7
期号：12
页码：128-133
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The objective of this paper has been to investigate the causal relationship between remittances and economic growth in Bangladesh over the period 1972/73 to 2014/15. A stable, long-run relationship is found between the two variables on the basis of cointegration test. Furthermore, a one-way causation from remittances to economic growth is also observed through the Error Correction Model (ECM). The analysis indicates a positive impact of remittances on economic growth. As a policy suggestion, an appropriate environment for investing the remitted money must be created. Besides, a reliable and rapid remittances transaction system should also be developed so that the emigrants are encouraged to send money through the ‘formal’ channel.
