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The Impact of Remittances on Economic Growth: The Evidence from Morocco

Farid Makhlouf () and Adil Naamane

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Abstract: The purpose of this article is to contribute to the empirical literature and to enrich the debate on the impact of worker's remittances on growth, in home countries. By using the VAR model, we analyzed the impact of the worker's remittances transfers on the economic growth in Morocco. Impulse response functions and variance decomposition show that the worker's remittances have a positive impact on the GDP per capita. The results show also that through financial development through which remittances affect economic growth.

Keywords: Remittances; Economic growth; VAR; Morocco; Transferts de fonds; croissance économique; Maroc (search for similar items in EconPapers)
Date: 2013-09
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Handle: RePEc:hal:wpaper:hal-01885148