Kumar, Ronald R. (2013) Remittances and economic growth: A study of Guyana. Economic Systems, 37 (3). pp. 462-472. ISSN 0940-4821
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Official URL: http://dx.doi.org/10.1016/j.ecosys.2013.01.001
Abstract
Using an augmented Solow framework and an ARDL bounds test for cointegration, we explore the short- and long-run effects of remittances, aid and financial deepening on growth in Guyana using annual data for the period 1982–2010. The results show that remittances have a positive and significant effect both in the short and the long run. Aid has a negative effect in the long run and financial deepening is not statistically significant. The Granger-causality test reveals that capital stock, aid and financial deepening cause remittances inflow in Guyana.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HA Statistics H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Business and Economics (FBE) > School of Accounting and Finance Faculty of Business and Economics (FBE) > School of Economics |
| Depositing User: | Ronald Kumar |
| Date Deposited: | 24 Sep 2013 21:53 |
| Last Modified: | 22 Oct 2024 10:32 |
| URI: | http://repository.usp.ac.fj/id/eprint/6632 |
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