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El Hamma Imad |
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''Do political institutions improve the effect of remittances on economic growth? Evidence South-Mediterranean countries'' |
( 2017, Vol. 37 No.3 ) |
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This paper examines the link between remittances, institutions quality and economic growth for 11 South-Mediterranean countries (SMC) over the period 1984–2014. Based on a Generalized Method of Moment (GMM) estimation, the empirical analysis reveals three findings: institutions quality have a positive effect on economic growth, there is no direct link between remittances and economic growth and remittances and institutional quality are complements in enhancing economic growth.
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Keywords: Remittances, economic growth, institutional quality
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JEL: O1 - Economic Development: General G2 - Financial Institutions and Services: General |
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Manuscript Received : Apr 24 2017 | | Manuscript Accepted : Sep 27 2017 |
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