TY - GEN
T1 - Linkage between remittances and FDI
T2 - 4th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2017
AU - Shafqat, Muhammad Mobeen
AU - Xia, Enjun
AU - Bari, Muhammad Waseem
AU - Baloch, Muhammad Awais
N1 - Publisher Copyright:
© 2017 IEEE.
PY - 2017/10/20
Y1 - 2017/10/20
N2 - The aim of this study is to get the rational answer about the relationship of foreign remittances with FDI inflows. In this research, we utilized panel data consists of a sample of 31 economies for the period of 1991-2015 by concentrating on the region of the low-income level. We applied popular methods to check the interaction of remittances with FDI which are known as panel co-integration analysis along with granger's causality test. Our outcomes indicate that remittance has long run significant and positive relationship with foreign direct investment and causality test revealed their side by side effect on each other. Empirical outcomes also indicate the noteworthy controlling effect of other variables in our model. Our study will certainly guide the financial institutes, policy analysts, financial analysts, researchers and organization of migration at the international level to take decisions linked to channelizing remittances efficiently.
AB - The aim of this study is to get the rational answer about the relationship of foreign remittances with FDI inflows. In this research, we utilized panel data consists of a sample of 31 economies for the period of 1991-2015 by concentrating on the region of the low-income level. We applied popular methods to check the interaction of remittances with FDI which are known as panel co-integration analysis along with granger's causality test. Our outcomes indicate that remittance has long run significant and positive relationship with foreign direct investment and causality test revealed their side by side effect on each other. Empirical outcomes also indicate the noteworthy controlling effect of other variables in our model. Our study will certainly guide the financial institutes, policy analysts, financial analysts, researchers and organization of migration at the international level to take decisions linked to channelizing remittances efficiently.
KW - Remittances
KW - causality test
KW - foreign direct investment
KW - low-income level region
KW - panel co-integration analysis
UR - http://www.scopus.com/inward/record.url?scp=85039931701&partnerID=8YFLogxK
U2 - 10.1109/IEIS.2017.8078630
DO - 10.1109/IEIS.2017.8078630
M3 - Conference contribution
AN - SCOPUS:85039931701
T3 - 4th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2017
BT - 4th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2017
A2 - Li, Menggang
A2 - Zhang, Runtong
A2 - Hua, Guowei
A2 - Zhao, Liang
PB - Institute of Electrical and Electronics Engineers Inc.
Y2 - 24 July 2017 through 27 July 2017
ER -
