Macroeconomic Impact of Migrant Workers' Remittances in Bangladesh

Bimal Sarkar

Journal of Global Economy, 2019, vol. 15, issue 3, 167-188

Abstract: Bangladesh being over populated is a cheap less-skilled and semi-skilled labor supplier country in the world and earning huge remittances from the abroad. This paper attempts to examine the dynamic effects of remittances on some important macroeconomic variables like consumption, investment, imports and economic growth in both the short and the long run in Bangladesh covering a period (1977-2014) following Nicholas P.Glytsos (2002) of Keynesian-type econometric model. The study finds using two-stage least square (2SLS) technique that one Taka increase in remittances contributes 3.15 Taka in income in Bangladesh through the impact multiplier as well as dynamic multipliers from the first year to seventh year.

Keywords: Remittances; Consumption; Investment; Imports; Economic Growth (search for similar items in EconPapers)
JEL-codes: D8 I2 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.rcssindia.org/jge (application/pdf)
http://www.rcssindia.org (text/html)
Not freely downloadable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jge:journl:1532

Ordering information: This journal article can be ordered from

Access Statistics for this article

Journal of Global Economy is currently edited by Dr J K SACHDEVA

More articles in Journal of Global Economy from Research Centre for Social Sciences,Mumbai, India
Bibliographic data for series maintained by Dr J K Sachdeva ().