The Role of Remittances for Economic Growth: Evidence for Turkey

Şule Akkoyunlu () and Boriss Siliverstovs
Additional contact information
Şule Akkoyunlu: Maastricht Graduate School of Governance UNU-MERIT

A chapter in The Socio-Economic Impact of Migration Flows, 2014, pp 89-96 from Springer

Abstract: Abstract In this paper we investigate the role of remittances in economic performance of Turkey. Our study is motivated by controversial findings of the previous two studies that already addressed this important issue. Karagöz (2009) finds out that remittance flows negatively influenced Turkeys’ economic performance, whereas Tansel and Yaşar (2010) report the opposite result. We use the econometric technique for testing Granger causality suggested in Toda and Yamamoto (1995). Reconciling the findings of these two studies, we find no statistical evidence that remittances Granger cause output in Turkey. In turn, we also could not reject the null hypothesis that remittances are not Granger caused by GDP.

Keywords: Granger Causality; Destination Country; Test Granger Causality; Cointegration Analysis; Econometric Methodology (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:popchp:978-3-319-04078-3_4

Ordering information: This item can be ordered from
http://www.springer.com/9783319040783

DOI: 10.1007/978-3-319-04078-3_4

Access Statistics for this chapter

More chapters in Population Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().