返回Google圖書搜尋

Causal Relationship Between Worker's Remittances and Imports in Pakistan

出版	SSRN, 2014
URL	http://books.google.com.hk/books?id=MRDfzwEACAAJ&hl=&source=gbs_api

註釋This paper is an effort to examine the association between remittances and imports. The anticipated import function shows that worker's remittances play a substantial role in the determination of imports in the economy. In this study the researchers used different econometric techniques in order to measure the short-term and long-term relationship between worker's remittances and imports. The ARIMA, Johansen Cointegration test is used to determine the existence of a long-term relationship between the variables of the study. The results showed that the Normalized cointegrating coefficients are statistically significant and showed a stable and positive relationship between the two variables of the study. The analysis of Granger causality indicates the existence of a unidirectional causality from import to worker's remittances. This confirms that worker's remittances have no significant impact on the demand for imported goods rather imports have a positive impact on the worker's remittances of Pakistan.