IMPACT OF REMITTANCES ON EXPORT PERFORMANCE : TIME SERIES EVIDENCE FROM PAKISTAN
Download| Volume 11 Issue 2 2015 | |
|---|---|
| Author(s): |
Muhammad Asif Shamim
Dr.Iqbal Ahmed Panhwar
Syed Muhammad Ahsan Rizvi
Ehsan Ahmed Shaikh
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| Abstract | This study analyzes the relationship between Remittance and Exports by using 32 years of time-series data from the period 1981 to 2012. This study includes Regression analysis OLS, Granger causality test, Eigenvalue test, stability analysis, Augmented DickyFuller tests, Error correction model, cointegration, and sensitivity analysis. The results show the negative effect of remittance on exports in the long run in Pakistan which is completely against previous studies to date. The Government of Pakistan should lower the barriers to remittance flows and reduce the transaction cost for migrants who send money home and make the export market more competitive to have a significant positive impact of remittances on export. |
| Keywords | Export, Remittances , Real Gross Domestic Product |
| Year | 2015 |
| Volume | 11 |
| Issue | 2 |
| Type | Short Report |
| Recognized by | Higher Education Commission of Pakistan, HEC | Category | "Y" | Journal Name | IBT Journal of Business Studies | Publisher Name | ILMA University | Jel Classification | - | DOI | http://dx.doi.org/10.46745/ilma.jbs.2015.11.02.10 | ISSN no (E, Electronic) | 2409-6520 | ISSN no (P, Print) | 2416-8393 | Country | Pakistan | City | Karachi | Institution Type | University | Journal Type | Open Access | Manuscript Processing | Blind Peer Reviewed | Format | Paper Link | http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/11.2/10.%20Impact%20of%20Remittances%20on%20Export%20PerformanceTime%20Series%20Evidence%20from%20Pakistan.pdf | Page | 123-135 |