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The Determinants Of Worker Remittance In Terms Of Foreign Factors: The Case Of Bangladesh

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  • RANA Rezwanul Hasan

    (American International University, Bangladesh)

  • HASHMI Rubayyat

    (American International University, Bangladesh)

Abstract

TThe aim of this study is to investigate the determinants of worker remittance of Bangladesh. Instead of traditional approach of estimating the remittance determinants, here we propose to use foreign macroeconomic indicators as a proxy determinant to avoid endogeneity. We also used panel estimation technique in our study to incorporate country specific heterogeneity of remittance inflow of Bangladesh. According our study any changes in the number of labor force, consumer price index, export, import, government expenditure and devaluation or appreciation of host countries (origin of the remittance income) currency can significantly influence the inward remittance income of Bangladesh.

Suggested Citation

  • RANA Rezwanul Hasan & HASHMI Rubayyat, 2015. "The Determinants Of Worker Remittance In Terms Of Foreign Factors: The Case Of Bangladesh," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 10(3), pages 81-93, December.
  • Handle: RePEc:blg:journl:v:10:y:2015:i:3:p:81-93
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/1038rana&hashmi.pdf
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    Keywords

    Remittance; Panel study; Endogeneity Bangladesh;

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