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首页> 外文期刊>International Journal of Social Economics >The role of migrant workers remittances in fostering economic growth: The four Asian developing countries' experiences
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The role of migrant workers remittances in fostering economic growth: The four Asian developing countries' experiences

机译：农民工汇款在促进经济增长中的作用：亚洲四个发展中国家的经验

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摘要

Purpose - The purpose of this paper is to examine the macroeconomic impact of migrant workers' remittances on economic growth in four developing Asian countries namely: Bangladesh, India, Pakistan and Sri Lanka. Design/methodology/approach - This study utilizes annual time series data over the period 1976-2012 and the ordinary least squares as an analytical technique for parameters estimation. Findings - Empirical results support the existence of a significant positive relationship between migrant workers remittances and economic growth. The other control variables such as foreign direct investment, openness to trade and infrastructure are also found to be statistically significant with expected signs. Practical implications - The findings of this study are expected to guide policy makers in formulating the right and relevant policies through which migrant workers' remittances can be made more productive and its benefits for both migrants and the country of origin are maximized. Consequently, it will foster economic growth and development. Originality/value - This paper provides some valuable evidences on the significance of migrant workers remittances as a source of economic growth. Moreover, the study differs from the erstwhile studies in terms of control variables, time period and method of estimation. Finally, the empirical results established are relatively robust.
机译：目的-本文的目的是研究孟加拉国四个国家（孟加拉国，印度，巴基斯坦和斯里兰卡）中移民工人汇款对经济增长的宏观经济影响。设计/方法/方法-本研究利用1976-2012年期间的年度时间序列数据和普通最小二乘法作为参数估计的分析技术。调查结果-实证结果支持农民工汇款与经济增长之间存在显着的正相关关系。还发现其他控制变量，如外国直接投资，贸易开放和基础设施，在统计上具有显着意义，并具有预期的迹象。实际意义-预期该研究的结果将指导政策制定者制定正确和相关的政策，以使移民工人的汇款更具生产力，并最大程度地为移民和原籍国带来惠益。因此，它将促进经济增长和发展。原创性/价值-本文提供了一些有价值的证据，证明了农民工汇款作为经济增长来源的重要性。此外，该研究与以前的研究在控制变量，时间段和估计方法方面有所不同。最后，建立的经验结果是相对可靠的。

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