EconPapers    
Economics at your fingertips  
 

Remittances and manufacturing sector growth in sub-Saharan Africa

Emmanuel Lartey and Getachew Nigatu

International Economic Journal, 2021, vol. 35, issue 1, 120-138

Abstract: This paper analyzes the link between remittances and the growth of manufacturing value-added (MVA) and explores whether the quality of institutions and exchange rate policy matter for the dynamics of the relationship in sub-Saharan African (SSA) countries. The findings suggest that when the level of financial development is accounted for, remittances have a positive impact on MVA. The standalone effect of remittances on MVA is, however, negative. The results also suggest that there is a positive influence of exchange rate flexibility on the dynamics between remittances and MVA. Furthermore, improvement in the business environment seems to matter for the performance of the manufacturing sector, but it is not significant to the dynamics between remittances and MVA. The development of the financial sector, on that account, emerges as an important factor influencing the impact of remittances on the growth of the manufacturing sector in SSA countries.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10168737.2020.1870523 (text/html)
Access to full text is restricted to subscribers.

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:taf:intecj:v:35:y:2021:i:1:p:120-138

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RIEJ20

DOI: 10.1080/10168737.2020.1870523

Access Statistics for this article

International Economic Journal is currently edited by Jaymin Lee Editor

More articles in International Economic Journal from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-03-20
Handle: RePEc:taf:intecj:v:35:y:2021:i:1:p:120-138