Remittances and the Dutch Disease: Evidence from Panel Data for 18 Developing Countries

被引:9
|
作者
Ito, Katsuya [1 ]
机构
[1] Fukuoka Univ, Dept Commerce, Fukuoka, Japan
关键词
Dutch disease; GMM; remittances; O10; BOOMING SECTOR; EXCHANGE-RATE; GROWTH; TESTS;
D O I
10.1080/10168737.2019.1569709
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, using the GMM technique we attempt to empirically investigate the Dutch disease effect of remittances. The analyses are based on an annual balanced panel data set for 18 developing countries, which have remittances to GDP ratio of 5 percent and above, over the years 1999-2015. It is found that an inflow of remittances has a positive effect on economic growth, whereas it leads to a depreciation of the real effective exchange rate.
引用
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页码:1 / 8
页数:8
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