Qayyum, Abdul and Javid, Muhammad and Arif, Umaima (2008): Impact of Remittances on Economic Growth and Poverty: Evidence from Pakistan.
Download (311kB) | Preview
The study focused on the importance of remittances inflow and its implication for economic growth and poverty reduction in Pakistan. By using ARDL approach we analyze the impact of remittances inflow on economic growth and poverty in Pakistan for the period 1973-2007.
The district wise analysis of poverty suggest that overseas migration contributes to poverty alleviation in the districts of Punjab, Sindh and Balochistan however NWFP is not portraying a clear picture.
The empirical evidence shows that remittances effect economic growth positively and significantly. Furthermore the study also finds that remittances have a strong and statistically significant impact on poverty reduction thus suggesting that there are substantial potential benefits associated with international migration for poor people in developing countries like Pakistan. So the importance of remittance inflows can not be denied in terms of growth enhancement and poverty reduction that consequently improves the social and economic conditions of the recipient country.
|Item Type:||MPRA Paper|
|Original Title:||Impact of Remittances on Economic Growth and Poverty: Evidence from Pakistan|
|English Title:||Impact of Remittances on Economic Growth and Poverty: Evidence from Pakistan|
|Keywords:||Remittances; Growth; Poverty; Pakistan|
|Subjects:||F - International Economics > F2 - International Factor Movements and International Business > F22 - International Migration
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I30 - General
F - International Economics > F2 - International Factor Movements and International Business > F24 - Remittances
|Depositing User:||Muhammad Javid|
|Date Deposited:||28. May 2010 12:56|
|Last Modified:||11. Feb 2013 17:58|
Adam, Richard H. (1998) Remittances, investment and rural assets accumulation in Pakistan. Economic Development and Cultural Change 47, 155-173
Adams Richard H. and John Page (2005).Do International Migration and Remittances Reduce Poverty in Developing Countries. World Bank, Washington, DC, USA
Amjad, Rashid (1986) Impact of workers remittances from Middle East on Pakistan Economy: some selected issues. The PDR 25:4, 757-782
Arif Ghulam M. Remittances and investment at the household level in Pakistan. PIDE Research report #166
Acosta, Pablo; Calderon, Cesar; Fajnzylber, Pablo; Lopez, Humberto (2007)What is the Impact of International Remittances on Poverty and Inequality in Latin America. World Development Vol. 36, No. 1, pp. 89–114
Burki, Shahid. J. Migration from Pakistan to the Middle East. In D.G Papademetriou and. P.L. Martin (ed). The Unsettled Relationship: Labor Migration and Economic Development. London. Greenwood press
Burney, Nadeem (1987) Workers remittances from the Middle East and their effect t on Pakistan Economy. The PDR 26:4, 745-763
Burgess, Robert and Haksar Vikram (2005), migration and foreign remittances in the Philippines, IMF working paper. WP/05/111
Catrinescu, Natalia; Ledesma, Miguel. L; Piracha, Matloob and Quillin, Bryce (2006). Remittances, Institution and Economic growth. IZA DP NO. 2139
Calero, Carla (2008) Remittances, Liquidity Constraints and Human Capital Investments In Ecuador. World Development (www.elsevier/locate/worlddev)
Fayissa, Bichaka and Nsiah, Christian (2008), the impact of remittances on economic growth and Development in Africa. Department of economics and finance working paper series.
Gupta, Sanjeev, Catherine A. Pattillo and Smita Wagh (2009) Effect of Remittances on Poverty and Financial Development. World Development Vol 37 No 1,
Giuliano, Paola and Marta Ruiz-Arranz (2008) Remittances, Financial Development and Growth. Journal of Development Econmics (www.elsevier.com/locate/econbase)
Iqbal, Zafar and Abdus Sattar (2005), The contribution of Workers’ Remittances to Economic Growth in Pakistan. Research Report. Pakistan Institute of Development Economics
Jamal Haroon (2006). Does Inequality Matter for Poverty Reduction? Evidance from Pakistan’s Poverty Trends. The Pakistan Development Review 45:3 pp 439- 459
Jamal, Haroon (2007) Income poverty at District Level: An Application of Small Area Estimation Technique. Research Report No. 70. Social Policy Development Center.
Jongwanich, Juthathip (2007), workers remittances, economic growth and poverty in Developing Asia and the pacific countries, UNESCAP working paper. WP/07/01
Jongwanic (2007) International Migration and Economic Development: Lesson from low Income Countries, Edward Elgar Cheltenham UK}
Kemal.A.R. (2001). Structural Adjustment, Macroeconomic Policies, and Poverty Trends in Pakistan. Asia and Pacific Forum on Poverty: Reforming Policies and Institutions for Poverty Reduction.
Kozel, Valerie, and Harold Alderman (1990) Factors determining work participation and labor supply decision in Pakistan. The PDR 29, 473-479
Lucas, Robert E. B. (2005), International Migration and Economic Development: Lessons from Low-Income Countries, London, Edward Elgar Publishing.
Naseem S. M (2004) Overseas Migration, Outsourcing and Economic Growth in South Asia edited by Debdas and Goldfield, Labour, Globalization and the State Workers, women and migrants confront neoliberalism Routledge Taylor & Francis Group London
Pesaran,. M. Hashem, Yongcheol Shin and Richard J. Smith (2001), Bound Testing Approach to the Analysis of Level Relationships. Journal of Applied Econometrics 16: 289-326
Ravallion M (1997). Can High inequality developing countries escape absolute poverty? Economics Letters, 56, 51-57
Revallion, M & Chen, S (1997) what can new survey data tell us about recent change in Distribution and poverty? World Bank Economic Review, 11, 357-382
Siddiqui Rizwana and A R Kemal (2006) Remittances Trade liberalization and poverty in Pakistan: the role of excluded variables in poverty change analysis. The PDR 45:3, 383-415 Stark and R Lucus (1988), Migration, Remittances and Family. Economic Development and Cultural Change, Vol. 31(1): 191-96
Taylor, J.E (1992), Remittances and Inequality Reconsidered; Direct, Indirect and International Effects. Journal of Policy Modeling, Vol.14 (2); 187-208