Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to 2003-04. Estimating a general consumption model, the results indicate that remittances along with debt, money supply (net of bank demand deposits) and income, consistently have a positive influence on private consumption. [WP no. 407].

MoreLess

Year of publication:	2009-09
Authors:	Mallick, Hrushikesh
Institutions:	eSocialSciences
Subject:	income \| emigrant workers \| economy \| debt \| money supply \| bank \| demand deposits \| bank demand deposits \| Remittances \| consumption \| Investment \| Growth \| Interest Rates \| Government Borrowings \| Openness of the economy \| macroeconomic activities \| investment \| private consumption

More details

Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Institutional Papers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005025321