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Impact Of Migrants' Remittances On Economic Growth: Case Of Morocco

Author

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  • Safaa Tabit

    (UM5 - Université Mohammed V de Rabat [Agdal])

  • Charaf-Eddine Moussir

    (UM5 - Université Mohammed V de Rabat [Agdal])

Abstract

This paper aims to analyze the impact of MRA's remittances on economic growth by using two models VAR and ECM over the period 1975-2014. The results conclude that MRA's remittances represent a determinant of economic growth, in the short term, with an elasticity low compared to the long-term behavior. Given the impulse responses analysis, a shock on MRA's transfers has a positive impact on GDP, investment and consumption.

Suggested Citation

  • Safaa Tabit & Charaf-Eddine Moussir, 2017. "Impact Of Migrants' Remittances On Economic Growth: Case Of Morocco," Post-Print hal-01449502, HAL.
    • Handle: RePEc:hal:journl:hal-01449502
    Note: View the original document on HAL open archive server: https://hal.science/hal-01449502
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    References listed on IDEAS

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    1. Farid Makhlouf & Adil Naamane, 2013. "The Impact of Remittances on Economic Growth: The Evidence from Morocco," Working Papers hal-01885148, HAL.
    2. Ralph Chami & Connel Fullenkamp & Samir Jahjah, 2005. "Are Immigrant Remittance Flows a Source of Capital for Development?," IMF Staff Papers, Palgrave Macmillan, vol. 52(1), pages 55-81, April.
    3. Giuliano, Paola & Ruiz-Arranz, Marta, 2009. "Remittances, financial development, and growth," Journal of Development Economics, Elsevier, vol. 90(1), pages 144-152, September.
    4. -, 2005. "United States economic outlook: quarterly developments," Oficina de la CEPAL en Washington (Estudios e Investigaciones) 28847, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Farid Makhlouf & Adil Naamane, 2013. "The Impact of Remittances on Economic Growth: The Evidence from Morocco," Working Papers hal-01885148, HAL.
    6. Stephen Drinkwater & Paul Levine & Emanuela Lotti, 2006. "Labour Market and Investment Effects of Remittances," School of Economics Discussion Papers 1906, School of Economics, University of Surrey.
    7. Giulia Bettin & Alberto Zazzaro, 2012. "Remittances And Financial Development: Substitutes Or Complements In Economic Growth?," Bulletin of Economic Research, Wiley Blackwell, vol. 64(4), pages 509-536, October.
    8. Michael T. Gapen & Mr. Ralph Chami & Mr. Peter J Montiel & Mr. Adolfo Barajas & Connel Fullenkamp, 2009. "Do Workers’ Remittances Promote Economic Growth?," IMF Working Papers 2009/153, International Monetary Fund.
    9. Miguel León-Ledesma & Matloob Piracha, 2001. "International Migration and the Role of Remittances in Eastern Europe," Studies in Economics 0113, School of Economics, University of Kent.
    10. -, 2005. "United States economic outlook: quarterly developments," Oficina de la CEPAL en Washington (Estudios e Investigaciones) 28845, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    11. Rocher, E. & Pelletier, A., 2008. "Migrant workers’ remittances: what is the impact on the economic and financial development of Sub-Saharan African countries?," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 13, pages 103-120, Autumn.
    12. McCormick, Barry & Wahba, Jackline, 2000. "Overseas Employment and Remittances to a Dual Economy," Economic Journal, Royal Economic Society, vol. 110(463), pages 509-534, April.
    13. Ziesemer Thomas H.W., 2009. "Worker Remittances and Growth: The Physical and Human Capital Channels," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 229(6), pages 743-773, December.
    14. Mr. Robert M Burgess & Mr. V. Haksar, 2005. "Migration and Foreign Remittances in the Philippines," IMF Working Papers 2005/111, International Monetary Fund.
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    1. Kashif Iqbal & Hui Peng & Muhammad Hafeez & Khurshaid, 2020. "Analyzing the Effect of ICT on Migration and Economic Growth in Belt and Road (BRI) Countries," Journal of International Migration and Integration, Springer, vol. 21(1), pages 307-318, March.
    2. Farrukh Nawaz Kayani, 2022. "Analyzing the Impact of Foreign Remittances uponPoverty: A Case of Uzbekistan from Central Asia," International Journal of Economics and Financial Issues, Econjournals, vol. 12(1), pages 1-6.

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    More about this item

    Keywords

    Remittances; VAR; Error correction model; Moroccans resident abroad; Economic growth;
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