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Yosra Saidi |
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''Remittances and growth in Africa: Does financial development and institutional quality matter?'' |
( 2024, Vol. 44 No.1 ) |
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This paper examines the influence of financial development and institutional quality in the relationship between remittances and economic growth for African countries over the period 2000-2020. By using a dynamic panel threshold model, the results show that there is a statistically positive relationship between remittances and economic growth above the threshold of 5.86%, above which remittances increase economic growth in African countries. This paper supports the view that remittances have a positive effect on growth only when the financial sector is strong and when there is a good institutional quality |
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Keywords: Remittances, Economic Growth, Dynamic threshold panel data, Africa |
JEL: F2 - International Factor Movements and International Business: General F4 - Macroeconomic Aspects of International Trade and Finance: General |
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Manuscript Received : Jun 07 2023 | | Manuscript Accepted : Mar 30 2024 |
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