Workers’ Remittances and its Impact on Rural Development in the Philippines

Ang, Alvin P

doi:10.3860/apssr.v9i2.1462

Cited by 16 publications

(14 citation statements)

References 5 publications

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“…This result gives us indications that the increase in remittances has direct implications for economic growth. The results of our multivariate analysis remain fully in mark with the findings of (Faini and Ang, 2002;2006) where in their studies they found that working remittances are positively related to economic growth. (Faini, 2002) argues this positive link in that remittances outweigh the imperfections of the capital market and enable families who receive financial means to create additional wealth.…”

Section: Data Analysis and Resultssupporting

confidence: 88%

Determinants Affecting Economic Growth – Evidence for Western Balkans Countries

Durguti¹,

Gashi²,

Kunoviku³

et al. 2020

IJFBS

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The purpose of this paper is to find out if selected determinants have any effect on the economic growth rate using the strong balanced panel data for the Western Balkan countries for the period 2001-2017, and the data used are on an annual basis, which in total there are 102 observation periods. For the realization of the paper, secondary data and an advanced dynamic approach were used, such as pooled OLS methods, fixed and random effects model, to test economic growth rate as dependent variable, and explanatory variables such as working remittances to GDP, exports to GDP, imports to GDP, foreign direct investment to GDP and inflation rate. From the generated outputs, it is true to say that working remittances to GDP, exports to GDP, and imports to GDP have an effect that influences economic growth, respectively GDP growth. Even though foreign direct investment to GDP and inflation rate does not have a significant effect on economic growth, respectively GDP growth. Keywords: Economic growth; macroeconomic determinants; panel data. JEL code: O47, O11, C23

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Section: Data Analysis and Resultssupporting

confidence: 88%

Determinants Affecting Economic Growth – Evidence for Western Balkans Countries

Durguti¹,

Gashi²,

Kunoviku³

et al. 2020

IJFBS

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“…They estimated the long-run equilibrium relationship between electricity intensity and factors including technology, power tariff, enterprise scale, and value added per worker. Stable long-term relationships were found for France (Ang, 2007) and Malaysia (Ang, 2008). In the former, a unidirectional causality was observed running from economic growth to energy consumption and CO2 emissions in the long run.…”

Section: Co2 Emissions Energy Consumption and Economic Growthmentioning

confidence: 85%

The effects of electricity consumption, economic growth, financial development and foreign direct investment on CO2 emissions in Kuwait

Salahuddin

Alam

Öztürk

et al. 2018

Renewable and Sustainable Energy Reviews

643

217

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This study examined the empirical effects of economic growth, electricity consumption, foreign direct investment (FDI), and financial development on carbon dioxide (CO2) emissions in Kuwait using time series data for the period 1980-2013. To achieve this goal, we applied the autoregressive distributed lag (ARDL) bounds testing approach and found that cointegration exists among the series. Findings indicate that economic growth, electricity consumption, and FDI stimulate CO2 emissions in both the short and long run.The VECM Granger causality analysis revealed that FDI, economic growth, and electricity consumption strongly Granger-cause CO2 emissions. Based on these findings, the study recommends that Kuwait reduce emissions by expanding its existing Carbon Capture, Utilization, and Storage plants; capitalizing on its vast solar and wind energy; reducing high subsidies of the residential electricity scheme; and aggressively investing in energy research to build expertise for achieving electricity generation efficiency.

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“…However, they find evidence of a stabilising impact of remittances on private consumption. For the same country, Ang (2009) finds that the overall impact of remittances on growth is positive. Ziesemer (2012) provides evidence suggesting that the effect of remittances on economic growth is stronger in low-income countries (i.e.…”

Section: Literature Surveymentioning

confidence: 97%

Financial Incentives to Work in France between 1998 and 2014

Sicsic¹

2019

Ecostat

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The opinions and analyses in this article are those of the author(s) and do not necessarily reflect their institution's or Insee's views. 1. The statistical department of the Ministry of Social Affairs and Health. EMTR Disposable income Gross income Disposable income Disposable income: after rebate on CSG if gross income below 1.3 times minimum wage Disposable income: after abolition of housing benefit Effective marginal tax rate Effective marginal tax rate: after rebate on CSG if gross income below 1.3 times minimum wage Effective marginal tax rate: after abolition of housing benefit

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Workers’ Remittances and its Impact on Rural Development in the Philippines

Cited by 16 publications

References 5 publications

Determinants Affecting Economic Growth – Evidence for Western Balkans Countries

Determinants Affecting Economic Growth – Evidence for Western Balkans Countries

The effects of electricity consumption, economic growth, financial development and foreign direct investment on CO2 emissions in Kuwait

Financial Incentives to Work in France between 1998 and 2014

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