The Impact of Remittances on Economic Growth of South Asian Countries: An Overview of Bangladesh, India, Pakistan and Sri Lanka

Author(s)	Prapti Saha, Asma Aktarun Nahar, Md. Nazmul Hossain
Country	Bangladesh
Abstract	This paper investigates the effect of employees’ remittances on the monetary increase of four South Asian rising locations via way of means of using balanced panel information from 1977 to 2020. Pooled OLS, constant results, random consequences and dummy variable interplay fashions are used to estimate the effect of remittances. The empirical regression evaluation confirms a bad impact of remittances on financial boom in Bangladesh, Pakistan and Sri Lanka. Conversely, remittances have an advantageous effect on monetary boom in India. This research additionally shows a joint considerable and negative relationship between remittances and financial growth in these four nations.
Keywords	Remittances, Economic Boom, South Asia, Emerging International Locations
Field	Sociology > Economics
Published In	Volume 4, Issue 6, November-December 2022
Published On	2022-12-19
Cite This	The Impact of Remittances on Economic Growth of South Asian Countries: An Overview of Bangladesh, India, Pakistan and Sri Lanka - Prapti Saha, Asma Aktarun Nahar, Md. Nazmul Hossain - IJFMR Volume 4, Issue 6, November-December 2022. DOI 10.36948/ijfmr.2022.v04i06.1195
DOI	https://doi.org/10.36948/ijfmr.2022.v04i06.1195
Short DOI	https://doi.org/grh2wg

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