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Transferts de fonds, stabilité politique et croissance économique dans les pays de l’ex URSS

Author

Listed:
  • Florent Deisting

    (CATT - Centre d'Analyse Théorique et de Traitement des données économiques - UPPA - Université de Pau et des Pays de l'Adour)

  • Charlotte Fontan Sers

    (IRMAPE - Institut de Recherche en Management et Pays Emergents - ESC PAU - Ecole Supérieure de Commerce, Pau Business School)

  • Farid Makhlouf

    (CATT - Centre d'Analyse Théorique et de Traitement des données économiques - UPPA - Université de Pau et des Pays de l'Adour)

Abstract

Cet article analyse la relation empirique entre les transferts de fonds et la croissance économique dans les pays en transition se situant au sein de l'ancien bloc soviétique. Il cherche également à mesurer si l'effet des transferts de fonds est plus efficace dans les pays où la stabilité politique est plus présente, en utilisant la méthode des moindres carrés généralisés pour des données de panel, afin de contrôler l'hétéroscédasticité et la corrélation sérielle. Les résultats montrent principalement que les transferts de fonds ont un impact négatif sur la croissance et que ce dernier dépend de la stabilité politique des pays concernés. This paper examines the empirical relationship between remittances and economic growth in post-Soviet states, and the role that political stability plays in this context. Using Feasible Generalized Least Squares to tackle group heteroskedasticity and serial correlation in panels, we find that remittances have a significant negative correlation with the receiving countries' economic progress. Besides, this relationship is contingent upon the political stability the country enjoys.

Suggested Citation

  • Florent Deisting & Charlotte Fontan Sers & Farid Makhlouf, 2015. "Transferts de fonds, stabilité politique et croissance économique dans les pays de l’ex URSS," Working papers of CATT hal-01885144, HAL.
    • Handle: RePEc:hal:wpcatt:hal-01885144
    Note: View the original document on HAL open archive server: https://hal-univ-pau.archives-ouvertes.fr/hal-01885144
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    References listed on IDEAS

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    1. Louis Bernard Tchekoumi & Patrick Danel Nya, 2023. "Remittances and economic growth: What lessons for the CEMAC zone?," Cogent Economics & Finance, Taylor & Francis Journals, vol. 11(1), pages 2191448-219, December.

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    More about this item

    Keywords

    Remittances; Political stability; Economic growth; General FGLS; Post-Soviet States;
    All these keywords.

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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