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：2014
卷号：5
期号：22
页码：51-54
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The present study is conducted to examine the role of worker’s remittances on the economic development of the Pakistan. Time series data is utilized which is comprises on 1980 to 2010, from the world data bank and Handbook of statistics. Co-integration technique has been used to explain the long run relationship between worker’s remittances and economic development in Pakistan. Results indicated that there is long run relationship exist between the worker’s remittances and economic development. Furthermore study applied VECM to detect the short run adjustment in variables to attain equilibrium in the long run. However, the results indicated that in short run Economic development is in disequilibrium position.
