Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

Hrushikesh Mallick ()

Working Papers from eSocialSciences

Abstract: The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to 2003-04. Estimating a general consumption model, the results indicate that remittances along with debt, money supply (net of bank demand deposits) and income, consistently have a positive influence on private consumption. [WP no. 407].

Keywords: income; emigrant workers; economy; debt; money supply; bank; demand deposits; bank; bank demand deposits; Remittances; consumption; Investment; Growth; Interest Rates; Government Borrowings; Openness of the economy; macroeconomic activities; consumption; investment; private consumption (search for similar items in EconPapers)
Date: 2009-09
New Economics Papers: this item is included in nep-cwa, nep-dev, nep-fdg, nep-mac and nep-mig
Note: Institutional Papers
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Working Paper: Do remittances impact the economy? Some empirical evidences from a developing economy (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:2199

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