EconPapers    
Economics at your fingertips  
 

Remittances, Dutch Disease, and Competitiveness: a Bayesian Analysis

Farid Makhlouf () and Mazhar Mughal ()

Post-Print from HAL

Abstract: The paper studies symptoms of Dutch disease in the Pakistani economy arising from international remittances. An IV Bayesian analysis is carried out to take care of the endogeneity and uncertainty due to the managed float of Pakistani Rupee. We find evidence for both spending and resource movement effects in both the short and the long-run. These impacts are stronger and different from those the Official Development Assistance and the FDI exert. We find that while aggregate remittances and the remittances from Persian Gulf contribute to the Dutch disease in Pakistan, those from North America and Europe do not.

Keywords: Pakistan; Remittance; Real Exchange Rate; Dutch Disease; Competitiveness; Bayesian Analysis (search for similar items in EconPapers)
Date: 2013
Note: View the original document on HAL open archive server: https://hal-univ-pau.archives-ouvertes.fr/hal-01885290
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Published in Journal of Economic Development, The Economic Research Institute of Chung-Ang University (Korea), 2013, 38 (2), pp.67-97

Downloads: (external link)
https://hal-univ-pau.archives-ouvertes.fr/hal-01885290/document (application/pdf)

Related works:
Journal Article: REMITTANCES, DUTCH DISEASE, AND COMPETITIVENESS: A BAYESIAN ANALYSIS (2013) Downloads
Working Paper: Remittances, Dutch Disease, and Competitiveness - A Bayesian Analysis (2011) Downloads
Working Paper: Remittances, Dutch Disease, and Competitiveness - A Bayesian Analysis (2011) Downloads
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:hal:journl:hal-01885290

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2020-08-04
Handle: RePEc:hal:journl:hal-01885290