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AuthorOuni, Habib
AuthorMiniaoui, Hela
Available date2019-04-29T05:35:02Z
Publication Date2019-04
Publication NameJournal of Economics and Public Finance
Identifierhttp://dx.doi.org/10.22158/jepf.v5n2p188
CitationOuni, Habib. Miniaoui, Hela. The Impact of Migrant Remittances on Economic Growth in Arab Countries, 2019, Journal of Economics and Public Finance, Scholink Inc, 2377-1038, 5, 2, 188-202.
ISSN2377-1038
URIhttp://hdl.handle.net/10576/11507
AbstractThe potential role that workers’ remittances are likely to play in promoting economic growth, especially in Arab countries, is currently attracting considerable attention. These remittances have an impact on the remitting economies as well. The Gulf region is considered one of the top sending countries of migrant remittances. In this study, empirical analysis is carried out with panel techniques using data over the last three decades for six Arab countries. Our results show that migrant remittances have a positive and significant impact on economic growth. This relationship is also significant when we use dynamic panel data. An indirect effect of remittances on economic growth is pointed out especially via the investment and the household final consumption expenditure channels. Policymakers in Arab countries should take appropriate policy actions to increase the outflow of workers. Developed capital markets, as well as a sound macroeconomic policy environment, would provide incentives for sustainable remittances transfers.
Languageen
PublisherScholink Inc
SubjectMigrant remittances
SubjectEconomic growth
SubjectPanel data
SubjectArab countries
TitleThe Impact of Migrant Remittances on Economic Growth in Arab Countries
TypeArticle
Pagination188-202
Issue Number2
Volume Number5
ESSN2377-1046


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