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UNESCAP Working Paper Series: Workers' Remittances, Economic Growth and Poverty in Developing Asia and the Pacific Countries
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| Author(s):
N/A
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| Economic Sector(s):
(1) Global, regional and multisectoral economic and social development strategies and policies |
| ESCAP Reference
No.: WP/07/01 |
| Division/Office:
Macroeconomic Policy and Development |
| Published Date:
January 2007 |
| Country:
{Non-country Specific Publication} |
| Hard Copy Price:
Online Copy Only
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| This paper examines the impact of workers’ remittances on growth and poverty reduction in developing Asia-Pacific countries using panel data over the period 1993-2003. The results suggests that, while remittances do have a significant impact on poverty reduction through increasing income, smoothing consumption and easing capital constraints of the poor, they have only a marginal impact on growth operating through domestic investment and human capital development. |
CONTENTS
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1. |
Introduction |
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2. |
Remittances in the Developing Asia and the Pacific: A First Look |
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3. |
Remittances, Growth and Poverty |
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4. |
Empirical Model |
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4.1 |
Economic Growth |
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4.2 |
Poverty |
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5. |
Estimation Results |
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6. |
Conclusions and Policy Recommendations |
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Appendix: Data and Econometric Procedure |
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References |
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