Workers' Remittances and Growth Linkages in Pakistan
Remittances are considered as the cash inflows to the economy and are imperative international source of revenue for most of the less developed countries (LDCs). For data analysis, the Ordinary least square estimation technique was employed to the time series data for the years 1981 to 2010. This re...
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Published in | Review of economics and development studies (Online) Vol. 2; no. 2; pp. 81 - 92 |
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Main Authors | , , , |
Format | Journal Article |
Language | English |
Published |
Multan
South Punjab Center for Research and Development (SPCRD)
01.01.2016
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Subjects | |
Online Access | Get full text |
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Summary: | Remittances are considered as the cash inflows to the economy and are imperative international source of revenue for most of the less developed countries (LDCs). For data analysis, the Ordinary least square estimation technique was employed to the time series data for the years 1981 to 2010. This research comes with the conclusion that level of GDP is positively associated with the worker's remittances and the findings also support the optimistic view of remittances. It is suggested that govt. should take serious steps and proper measures to utilize the workers' remittances so, that the economy will be on the right track towards the development.
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ISSN: | 2519-9692 2519-9706 |
DOI: | 10.26710/reads.v2i2.126 |