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Remittances and the Dutch disease in Sub-Saharan Africa. A Dynamic Panel Approach

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  • Emmanuel Owusu-Sekyere
  • Francis M. Kemegue
  • Reneé van Eyden

Abstract

This paper investigates the effect of remittance inflows on the real exchange rate in Sub-Saharan Africa (SSA) using annual data from 1980 to 2008 for 34 SSA countries, generalised method of moments by Arellano and Bover (1995) and feasible generalised least squares by Parks (1967) and Kmenta (1971, 1986). We find that when cross-sectional dependence […]

Suggested Citation

  • Emmanuel Owusu-Sekyere & Francis M. Kemegue & Reneé van Eyden, 2011. "Remittances and the Dutch disease in Sub-Saharan Africa. A Dynamic Panel Approach," Working Papers 259, Economic Research Southern Africa.
  • Handle: RePEc:rza:wpaper:259
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    Cited by:

    1. Adnan KHURSHID & Yin KEDONG & Adrian Cantemir CĂLIN & Zhaosu MENG & Naila NAZIR, 2018. "Remittances Inflows, Gain of Foreign Exchange or Trade Loss? New Evidence from Low, Lower-Middle and Middle-Income Groups," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 20-41, December.
    2. Zamira SINAJ, 2017. "The Analysis of the Labor Market in Albania," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 3, January -.
    3. Eromenko, Igor, 2016. "Do Remittances Cause Dutch Disease in Resource Poor Countries of Central Asia?," MPRA Paper 74965, University Library of Munich, Germany.
    4. Zhang, Wei-Wei & Sadiq, Ramla & Khan, Tahseen Mohsan & Khan, Muhammad Mohsan, 2021. "Policy implications of remittances, trade liberalization and Dutch disease – A comparative analysis based on income categorization," Resources Policy, Elsevier, vol. 72(C).
    5. Hien, Nguyen Phuc & Hong Vinh, Cao Thi & Phuong Mai, Vu Thi & Kim Xuyen, Le Thi, 2020. "Remittances, real exchange rate and the Dutch disease in Asian developing countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 77(C), pages 131-143.

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    More about this item

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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