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https://doi.org/10.1080/1331677X.2019.1655464

Remittances inflow and private investment: a case study of South Asian economies via panel data analysis

Zeeshan Khan ; School of Economics and Management (SEM), Tsinghua University, Beijing, China
Fazli Rabbi ; Department of Economics and Development Studies, University of Swat, Mingora, Pakistan
Manzoor Ahmad ; Department of Industrial Economics, School of Economics, Nanjing University Business School, Nanjing, China; d Department of Economics, Abdul Wali Khan University Mardan, Pakistan
Yang Siqun ; School of Economics and Management (SEM), Tsinghua University, Beijing, China

Puni tekst: engleski, pdf (2 MB) str. 2723-2742 preuzimanja: 50* citiraj
APA 6th Edition
Khan, Z., Rabbi, F., Ahmad, M. i Siqun, Y. (2019). Remittances inflow and private investment: a case study of South Asian economies via panel data analysis. Economic research - Ekonomska istraživanja, 32 (1), 2723-2742. https://doi.org/10.1080/1331677X.2019.1655464
MLA 8th Edition
Khan, Zeeshan, et al. "Remittances inflow and private investment: a case study of South Asian economies via panel data analysis." Economic research - Ekonomska istraživanja, vol. 32, br. 1, 2019, str. 2723-2742. https://doi.org/10.1080/1331677X.2019.1655464. Citirano 05.04.2020.
Chicago 17th Edition
Khan, Zeeshan, Fazli Rabbi, Manzoor Ahmad i Yang Siqun. "Remittances inflow and private investment: a case study of South Asian economies via panel data analysis." Economic research - Ekonomska istraživanja 32, br. 1 (2019): 2723-2742. https://doi.org/10.1080/1331677X.2019.1655464
Harvard
Khan, Z., et al. (2019). 'Remittances inflow and private investment: a case study of South Asian economies via panel data analysis', Economic research - Ekonomska istraživanja, 32(1), str. 2723-2742. https://doi.org/10.1080/1331677X.2019.1655464
Vancouver
Khan Z, Rabbi F, Ahmad M, Siqun Y. Remittances inflow and private investment: a case study of South Asian economies via panel data analysis. Economic research - Ekonomska istraživanja [Internet]. 2019 [pristupljeno 05.04.2020.];32(1):2723-2742. https://doi.org/10.1080/1331677X.2019.1655464
IEEE
Z. Khan, F. Rabbi, M. Ahmad i Y. Siqun, "Remittances inflow and private investment: a case study of South Asian economies via panel data analysis", Economic research - Ekonomska istraživanja, vol.32, br. 1, str. 2723-2742, 2019. [Online]. https://doi.org/10.1080/1331677X.2019.1655464

Sažetak
This study examines the association between remittances inflow and investment. The data of five major South Asian countries that receive a significant portion of remittances including India, Sri Lanka, Pakistan, Nepal, and Bangladesh are considered from 1990 to 2016. Pooled ordinary least square (OLS), the fixed effect within group estimator (FEWGE), fixed effect (FE) and random effect (RE) are used for the analysis of the data. Unit root tests were employed and then followed by a pooled mean group (PMG) analysis to analyse the long-run relationship between private investment and remittances while controlling for several other variables, such as real-interest rate, economic growth, and the interaction between remittances inflow and business freedom. We use the error correction mechanism (ECM) to find the short-run relationship among variables. Our findings reveal that private investment is positively affected by remittances inflow. Moreover, remittances flow with low business freedom opposes the positive association in the case of these sampled countries. We recommend channelising remittances and lower barriers to business freedom, which may pave the way for a conducive investment- friendly environment

Ključne riječi
Pooled mean group (PMG); FEWGE; positive; channelise; business freedom; ECM

Hrčak ID: 229579

URI
https://hrcak.srce.hr/229579

Posjeta: 81 *