Worker’s Remittances and GDP Growth in Pakistan

Volume: 4 Number: 2 June 1, 2014
  • Rashid Hussain
  • Ghulam Abbas Anjum
EN

Worker’s Remittances and GDP Growth in Pakistan

Abstract

The worker’s remittances are considering second largest source of finance in developing countries after FDI. Worker’s remittances and GDP growth has analyzed for Pakistan for the period from 1973 to 2011. The Generalized method of moments (GMM) has used to control endogeniety problem and GMM also employed to handle unobservable effects. The study showed that worker’s remittances are positive as well as significant with GDP growth and also playing an active role in Pakistan economy. Impact of financial sector on GDP growth is also positive and significant as trade openness and world growth GDP. The vital policy based on our finding is financial sector should be improve for smooth and horizontal transection of remittances and also this sector perform productive investment.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Rashid Hussain This is me

Ghulam Abbas Anjum This is me

Publication Date

June 1, 2014

Submission Date

June 1, 2014

Acceptance Date

-

Published in Issue

Year 2014 Volume: 4 Number: 2

APA
Hussain, R., & Anjum, G. A. (2014). Worker’s Remittances and GDP Growth in Pakistan. International Journal of Economics and Financial Issues, 4(2), 376-381. https://izlik.org/JA53TY98AF
AMA
1.Hussain R, Anjum GA. Worker’s Remittances and GDP Growth in Pakistan. IJEFI. 2014;4(2):376-381. https://izlik.org/JA53TY98AF
Chicago
Hussain, Rashid, and Ghulam Abbas Anjum. 2014. “Worker’s Remittances and GDP Growth in Pakistan”. International Journal of Economics and Financial Issues 4 (2): 376-81. https://izlik.org/JA53TY98AF.
EndNote
Hussain R, Anjum GA (June 1, 2014) Worker’s Remittances and GDP Growth in Pakistan. International Journal of Economics and Financial Issues 4 2 376–381.
IEEE
[1]R. Hussain and G. A. Anjum, “Worker’s Remittances and GDP Growth in Pakistan”, IJEFI, vol. 4, no. 2, pp. 376–381, June 2014, [Online]. Available: https://izlik.org/JA53TY98AF
ISNAD
Hussain, Rashid - Anjum, Ghulam Abbas. “Worker’s Remittances and GDP Growth in Pakistan”. International Journal of Economics and Financial Issues 4/2 (June 1, 2014): 376-381. https://izlik.org/JA53TY98AF.
JAMA
1.Hussain R, Anjum GA. Worker’s Remittances and GDP Growth in Pakistan. IJEFI. 2014;4:376–381.
MLA
Hussain, Rashid, and Ghulam Abbas Anjum. “Worker’s Remittances and GDP Growth in Pakistan”. International Journal of Economics and Financial Issues, vol. 4, no. 2, June 2014, pp. 376-81, https://izlik.org/JA53TY98AF.
Vancouver
1.Rashid Hussain, Ghulam Abbas Anjum. Worker’s Remittances and GDP Growth in Pakistan. IJEFI [Internet]. 2014 Jun. 1;4(2):376-81. Available from: https://izlik.org/JA53TY98AF