ROLE OF REMITTANCE IN EMERGING AND DEVELOPING (EDC) ECONOMIES

Nur Shafiena, Sidik and Mohd Hasan, T. and Dyg Affizzah, A.M. (2020) ROLE OF REMITTANCE IN EMERGING AND DEVELOPING (EDC) ECONOMIES. In: The Interdisciplinary of Management, Economic and Social Research. Kaizentrenovation Sdn Bhd, Tanjung Malim, pp. 255-266. ISBN 978-967-17718-3-9

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Abstract

This paper investigated the relationship between remittance and economic growth in selected countries in Asia using panel data analysis. The remittance becomes one of the major macro-economic factors which is highly significant to promote the long-run economic growth. The findings conclude that remittance is one of beneficial factor of economic growth. Nonetheless, the effects on the gross fixed capital formation are positive and statically significant. GDP indicates positive significant relationship in both fixed and random effect, at the same time we found a positive and significant relationship in the long run by utilizing FMOLS and DOLS model.

Item Type:	Book Chapter
Uncontrolled Keywords:	Remittance, GDP, Asia, FMOLS, DOLS, Co-integration, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business
Depositing User:	Tuah
Date Deposited:	27 Aug 2020 09:32
Last Modified:	14 Feb 2022 03:27
URI:	http://ir.unimas.my/id/eprint/31423

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