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Workers’ Remittances and Growth in MENA Labor Exporting Countries

Author

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  • Sufian Eltayeb Mohamed

    (Aristotle University of Thessaloniki)

Abstract

This paper presents an empirical examination of effects of workers’ remittance on economic growth in a sample of 7 remittance-receiving MENA countries. In order to empirically analyze the impact of remittances we estimate growth equations using a set of 7 MENA labor exporting countries during the period 1975-2006. A standard growth models are estimated using both fixed-effects and random effects models. The empirical results show the support of the fixed –effects method as the random effects model is rejected in statistical tests. The results show the support for the view that remittances have a positive impact on growth both directly and indirectly through their interactions with financial and institutional channels.

Suggested Citation

  • Sufian Eltayeb Mohamed, 2009. "Workers’ Remittances and Growth in MENA Labor Exporting Countries," Working Papers 2009.10, International Network for Economic Research - INFER.
    • Handle: RePEc:inf:wpaper:2009.10
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    Cited by:

    1. Nahed Zghidi & Zouheir Abid, 2015. "Remittances, Economic Freedom, and Economic Growth in North African Countries," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(58), pages 139-162, December.
    2. Ziesemer, Thomas H.W., 2012. "Worker remittances, migration, accumulation and growth in poor developing countries: Survey and analysis of direct and indirect effects," Economic Modelling, Elsevier, vol. 29(2), pages 103-118.
    3. Nahed Zghidi & Imen Mohamed Sghaier & Zouheir Abida, 2018. "Remittances, Institutions, and Economic Growth in North African Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(3), pages 804-821, September.

    More about this item

    Keywords

    Remittances; Economic Growth; Panel Data; Fixed effects; MENA Countries;
    All these keywords.

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