Remittances, Financial Development and Economic Growth in Bangladesh

Gazi Salah Uddin and Bo Sjö

South Asia Economic Journal, 2013, vol. 14, issue 2, 261-273

Abstract: In Bangladesh, remittances from migrant workers are an important component of national income and a source for financing consumption and investment. This article investigates the relationship between remittances, financial sector development and economic growth in Bangladesh over the period of 1976–2011. In the long run, the inflow of remittances and the expansion of the financial sector drive the growth in GDP, whereas in the short run, remittances act as a shock absorber to income changes.

Keywords: Remittances; economic growth; financial sector development; cointegration; Bangladesh (search for similar items in EconPapers)
JEL-codes: C32 F24 F43 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/1391561413500174 (text/html)

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:sae:soueco:v:14:y:2013:i:2:p:261-273

DOI: 10.1177/1391561413500174

Access Statistics for this article

More articles in South Asia Economic Journal from Institute of Policy Studies of Sri Lanka
Bibliographic data for series maintained by SAGE Publications ().