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Remittances and economic growth: what channels of transmission? (In French)

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  • Sami Ben Mim (ERUDITE)
  • Fatma Mabrouk (GREThA, CNRS, UMR 5113)
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    Abstract

    This article examines the effect of remittances on economic growth, highlighting the main transmission channels. Using the SGMM method, estimates based on data from 27 developing countries show that remittances have a positive and significant effect on economic growth. The results don’t allow drawing any definitive conclusion concerning the investment channel, but confirm that the remittances speed up the accumulation of human capital, and thereby stimulate growth. The human capital channel has also an indirect effect on growth through investment.

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    File URL: http://cahiersdugretha.u-bordeaux4.fr/2011/2011-28.pdf
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    Bibliographic Info

    Paper provided by Groupe de Recherche en Economie Théorique et Appliquée in its series Cahiers du GREThA with number 2011-28.

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    Date of creation: 2011
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    Handle: RePEc:grt:wpegrt:2011-28

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    Keywords: Migration; remittances; economic growth; investment; panel data;

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