scholarly journals Remittances and Economic Growth Tie in Selected South Asian Countries: A Panel Data Analysis

2019 ◽  
Vol 11 (1) ◽  
pp. 197
Author(s):  
Md. Nezum Uddin ◽  
Mohammed Jashim Uddin ◽  
Md. Joynal Uddin ◽  
Monir Ahmmed
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
South Asian ◽  
Panel Data Analysis ◽  
Past Century ◽  
Asian Countries ◽  
Panel Data Estimation ◽  
Panel Data Estimation Techniques ◽  
Causality Tests ◽  
Heated Debate

Remittances are regarded one of the foremost financial resources globally. Over the past century, in the developing economy, there is a heated debate on the sources of economic growth. The current paper attempts to analyze how economic growth is being impacted by remittance in five selected South Asian countries between the period 1975 and 2017. Estimated results from panel-data estimation techniques exhibit a positive relation between economic growth and remittance in these countries. The results from Granger-causality tests suggest that remittance plays a catalyst role to bring economic growth but economic growth doesn’t play any role to bring remittance while Dumitrescu Hurlin Causality tests found a bi-directional relationship. Important finding of the study is that remittance boost economic growth in South Asian region.

Investigating the Lee thesis: how bad is democracy for Asian economies?

2010 ◽  
Vol 2 (3) ◽  
pp. 451-473 ◽  
Author(s):  
Carl Henrik Knutsen
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Panel Data ◽  
Primary School ◽  
Growth And Development ◽  
Panel Data Analysis ◽  
Asian Countries ◽  
Average Effect ◽  
Economic Growth And Development ◽  
Asian Context

This paper discusses the hypothesis that democracy hurts economic growth and development, also known as the Lee thesis, and discusses why one could expect dictatorship to be particularly beneficial for growth in the Asian context. Three general theoretical arguments in support of the Lee thesis are then presented. However, the empirical results, based on panel data analysis on more than 20 Asian countries, do not support the hypothesis that dictatorship increases economic growth in Asia. There is no significant, average effect of democracy on growth. Asian dictatorships do invest a larger fraction of their GDP than democracies, but they are worse at generating high enrollment ratios in education after primary school.

scholarly journals Impact of Demographic Variables on Economic Growth in South Asian Countries: A Panel Data Analysis

2021 ◽  
Vol 3 (1) ◽  
pp. 49-58
Author(s):  
Nisar Ahmad ◽  
Sara Nayyab
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Life Expectancy ◽  
South Asian ◽  
Total Fertility Rate ◽  
Ordinary Least Squares ◽  
Demographic Variables ◽  
Fertility Rate ◽  
Asian Countries ◽  
The Impact

This study find the impact of demographic variables on economic growth in selected South Asian countries; Pakistan, India, Bangladesh and Sri-Lanka using panel data from 1976 to 2017. Fertility rate and life expectancy are used as demographic variables and GDP is used to indicate the economic growth. Panel unit root tests including Levin-Lin & Chu, Im-Pesaran & Shin, ADF-Fisher χ2, PP-Fisher χ2 are applied to check the stationary of variables. Pedroni and Kao Panel Co-integration are employed to test the co-integration among variables. Fully Modified Ordinary Least Squares (FMOLS) estimators are obtained for long run relationship. Results show that total fertility rate and life expectancy have significant impact on economic growth in these four South Asian countries. For example, one unit increase in total fertility rate depresses the economic growth by 0.106 units. However, economic growth is accelerated by 0.196 units due to one year increase in life expectancy.

Unemployment and Economic Growth of Developing Asian Countries: A Panel Data Analysis

2015 ◽  
Vol 13 (3) ◽  
pp. 147-160 ◽  
Author(s):  
Muhammad Imran ◽  
◽  
Khurrum S. Mughal ◽  
Aneel Salman ◽  
Nedim Makarevic
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Panel Data ◽  
Panel Data Analysis ◽  
Asian Countries

scholarly journals How Do Population and Urbanization Cause Environmental Degradation in South Asian Countries? A Panel Data Analysis

2020 ◽  
Vol 6 (4) ◽  
pp. 799-809
Author(s):  
Noreen Safdar ◽  
Shezza Ashraf ◽  
Fatima Farooq ◽  
Junaid Qadir
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Environmental Degradation ◽  
Negative Impact ◽  
Panel Data Analysis ◽  
Negative Influence ◽  
Causality Analysis ◽  
Asian Countries ◽  
Cross Sectional ◽  
Population Urbanization

The following study shows the economic consequences of population and environmental degradation in selected South Asian Countries for the time period 2000- 2018. Panel cointegration shows the long-run association among population, urbanization, environment and economic growth. By using PMG estimation technique, the results show that environmental degradation has a negative influence on economic growth while the urban population has a progressive impact on economic growth while the total population has a negative impact on economic growth. The results of causality analysis show that there is bidirectional causality among all variables which indicates that population, urbanization, environment and economic growth are causing each other. It is also noticed by the causality analysis that population, urbanization and economic growth are causing environmental degradation in south Asian countries. Further the results show that there is cross-sectional dependency among all variables in selected countries which reveals that all these countries should make collaborative strategies to increase economic growth and to cope up the problem of environmental degradation.

How Financial Development Affects Economic Growth: Evidence from some SAARC Countries

2020 ◽  
pp. 52-66
Author(s):  
Abu K. ◽  
Monzurul I.U.
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
South Asian ◽  
Banking Sector ◽  
Panel Data Analysis ◽  
Empirical Studies ◽  
Empirical Work ◽  
Unit Root Test ◽  
Annual Data ◽  
Asian Countries

According to Joseph Schumpeter (1911), services provided by financial intermediaries are essential for technical innovation and economic growth. Later, empirical work by Goldsmith (1969) and McKinnon (1973) supported that there were close ties between financial and economic development for a few countries. But numerous other economists, including Robinson (1952) believed that finance was not so important for economic growth; financial development simply follows economic growth. Despite this debate, Levine (1993), among others suggests a positive relationship between financial sector development and economic growth. Moreover, there remains further debate whether the country's financial structure exerts differential impact on economic growth. Empirical studies across the countries (Rajan and Zingales, 1999) suggest that banking sector plays a key role in some countries. In this paper, I intend to investigate whether higher levels of financial development are positively correlated with economic growth using empirical evidence from five South Asian countries namely Bangladesh, India, Nepal, Pakistan and Sri Lanka. I have used Panel data analysis, Linear regression model, Levin-Lin-Chu unit root test, Covariance, Correlation and VIF test based on aggregate annual data from 1993 to 2016. My analysis suggests that development in banking sector has a moderately strong tie to promoting economic growth. The result implies that the policy should focus on banking sector development by enhancing its quality of credit products and offers to private sector as it is the main stimulator for growth in these five South Asian countries.

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