The Contribution of Workers’Remittances to Economic Growth in Pakistan

Zafar Iqbal and Abdus Sattar ()
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Zafar Iqbal: IMF Resident Mission, Islamabad

No 2005:187, PIDE-Working Papers from Pakistan Institute of Development Economics

Abstract: This study attempts to provide an analytical answer to the important economic issue of whether workers’ remittances contributed to economic growth in Pakistan during the period 1972-73 to 2002-03. The quantitative evidence shows that workers’ remittances appeared to be an important source of economic growth. Other sources of growth were the public and private investment. Alternatively, there are a few factors like inflation rate, external debt, and deterioration in the terms of trade that affected country’s economic growth adversely.

Pages: 29 pages
Date: 2005
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Citations: View citations in EconPapers (31)

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Persistent link: https://EconPapers.repec.org/RePEc:pid:wpaper:2005:187

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