scholarly journals Investigating the Effects of Migrant Remittances on the Economic Growth of Cameroon

2017 ◽  
Vol 9 (2) ◽  
pp. 58 ◽  
Author(s):  
Moses A. Ofeh ◽  
Ali T. Muandzevara
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Least Squares Method ◽  
Government Expenditure ◽  
Consumption Expenditure ◽  
Policy Measure ◽  
Investment Expenditure ◽  
Independent Variables ◽  
Migrant Remittances ◽  
Economic Growth Rates

Low and unsteady economic growth rates and strategies for fostering growth are major issues of concern for Cameroon. The paper attempted to investigate the effects of remittances on the economic growth of Cameroon. To achieve the objective for a clearer understanding of the dynamics of migrant remittances in relation to economic growth in Cameroon, the least squares method of multiples regression was exploited to analysze data collected from 1980 to 2013. The results revealed that migrant remittances to the tune of 1.5% positively but insignificantly explained economic growth in Cameroon.Further, consumption expenditure; government expenditure and exports were found to positively but significantly explain growth while investment expenditure was found to positively but insignificantly determine growth. Only imports alone stood to negatively and significantly influence economic growth in Cameroon.The value of R-squared Adjusted showed that 85% of variation in GDP was explained by variations in the independent variables specified in the model. Therefore, any policy measure aimed at improving upon the level of economic growth in Cameroon must give consideration to migrant remittances.

scholarly journals A NOTE ON ECONOMIC GROWTH WITH SUBSISTENCE CONSUMPTION

2010 ◽  
Vol 14 (5) ◽  
pp. 763-771 ◽  
Author(s):  
Holger Strulik
Keyword(s):  
Economic Growth ◽  
Growth Model ◽  
Growth Rates ◽  
Degree Of Freedom ◽  
Controversial Issue ◽  
Historical Evolution ◽  
Transitional Dynamics ◽  
Economic Growth Rates ◽  
Over Time ◽  
Savings Rates

It is well known that the performance of simple models of economic growth improves substantially through the introduction of subsistence consumption. How to compute subsistence needs, however, is a difficult and controversial issue. Here, I reconsider the linear (Ak) growth model with subsistence consumption and show that the evolution of savings rates and economic growth rates over time is independent of the size of subsistence needs. The model is thus more general and less subject to arbitrariness than might have been thought initially. Quantitatively, it is shown that, although there is no degree of freedom to manipulate transitional dynamics, the model approximates the historical evolution of savings rates and growth rates reasonably well.

The Effects of Human Rights on Economic Growth, 1965 to 2010

2016 ◽  
Vol 2 (4) ◽  
pp. 375-412 ◽  
Author(s):  
Wade M. Cole
Keyword(s):  
Economic Growth ◽  
Human Rights ◽  
Growth Rates ◽  
Research Question ◽  
Civil Liberties ◽  
Domestic Investment ◽  
Reverse Causality ◽  
Bodily Integrity ◽  
Explanatory Factors ◽  
Economic Growth Rates

A long-standing research question asks whether democracy promotes or inhibits development, but relatively few studies explore the developmental consequences of human rights. I analyze the effect of respect for bodily integrity rights and civil liberties on economic growth rates, measured as percentage changes in gross domestic product over pooled five-year intervals, for 138 countries between 1965 and 2010. Bodily integrity rights entail fundamental protections against torture, political imprisonment, extrajudicial killing, and disappearances. Civil liberties include the freedoms of speech, assembly, religion, and movement. The analyses make use of estimators designed to isolate causal directionality. I find that improvements in countries’ rated bodily integrity practices boost economic growth rates, even after accounting for other important explanatory factors and the possibility of reverse causality. Additional analyses suggest that this effect operates largely through increased domestic investment. Static levels in bodily integrity scores, conversely, have no effect on growth; neither do static levels of or dynamic changes in civil liberties.

Does Economic Growth Pay Political Dividends in India?

2019 ◽  
Vol 67 (1-2) ◽  
pp. 166-169
Author(s):  
Vasant V. Bang ◽  
Alok Kumar Mishra
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Regression Equations ◽  
Economic Policies ◽  
Growth Data ◽  
Parliamentary Elections ◽  
Independent Variables ◽  
Economic Development And Growth ◽  
Bharatiya Janata Party ◽  
Ruling Party

Since independence in 1947, India has witnessed several changes in economic policies of governments. Economic reforms were started in India in 1984 and were accelerated later in 1991. It is believed that Bharatiya Janata Party won the 2014 parliamentary elections on the promise of economic development and growth. In this article, an attempt has been made to investigate the link between economic and electoral performances in Indian elections. The data for 1951–2014 period has been analysed by establishing regression equations using vote percentage received by a ruling party as dependent variable and sectoral economic growth during the ruling tenure as independent variables. Comparisons have been made between the pre- and post-1984 eras. An important contribution of this article is that it highlights the fact that electoral performances can be better explained using sectoral growth data as compared to overall GDP growth rates. The article also highlights a significant role played by volatility in growth rates.

Economic Growth Rates and Exports of Bangladesh: The Bengal Tiger?

2019 ◽  
Vol 39 (3) ◽  
pp. 285-303 ◽  
Author(s):  
Mohammad Rafiqul Islam
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Foreign Aid ◽  
Growth Model ◽  
Growth Rates ◽  
Poor Country ◽  
Balanced Growth ◽  
The Status ◽  
Bengal Tiger ◽  
Economic Growth Rates

Global images of Bangladesh as a desperately poor country in need of foreign aid require revision in light of recent statistics that confirm impressive economic growth rates despite protracted political problems and climate-related risks. The article presents and discusses statistical evidence relating to recent economic growth rates of Bangladesh in terms of export, import and gross domestic product. This confirms the status of the country as a new tiger economy, moving away from its traditional dependence on agriculture. However, excessive reliance on exports of ready-made garments is found to be risky, while a more balanced growth model with a diverse basket of exports seems advisable.

Affordability Sensitive To Economic Growth Rates

2004 ◽  
Vol 23 (1) ◽  
pp. 276-277
Author(s):  
Michael Schlander ◽  
Christian Thielscher ◽  
Oliver Schwarz
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Economic Growth Rates

scholarly journals Factors of China’s International Competitiveness and the Sustainability of its Economy under the COVID-19 Pandemic (the Case Study for BRICS)

2021 ◽  
Vol 244 ◽  
pp. 10020
Author(s):  
Tatiana Podolskaya ◽  
Maria Singkh
Keyword(s):  
Economic Growth ◽  
Structural Analysis ◽  
Growth Rates ◽  
Large Scale ◽  
International Competitiveness ◽  
Key Factors ◽  
Brics Countries ◽  
The Face ◽  
Economic Growth Rates

The risks and large-scale losses faced by the international community during the COVID-19 pandemic led to a recession in 2020. In these circumstances, of particular interest is the experience of China, which was able to maintain positive economic growth rates, demonstrating a unique resilience to modern challenges. The main objective of the study presented here is a statistical and structural analysis of the factors that ensure China’s international competitiveness and the resilience of its economy in the face of the COVID-19 pandemic. The analysis is expected to show which key factors of China’s international competitiveness have made its economy resilient to the challenges of the COVID-19 pandemic. The authors also hope to identify which promising developments, similar to China’s, will enhance the international competitiveness of the BRICS countries.

scholarly journals The Impact of Migrant Remittances on Economic Growth in Arab Countries

2019 ◽  
Vol 5 (2) ◽  
pp. 188
Author(s):  
Habib Ouni ◽  
Hela Miniaoui
Keyword(s):  
Economic Growth ◽  
Potential Role ◽  
Dynamic Panel Data ◽  
Arab Countries ◽  
Consumption Expenditure ◽  
Gulf Region ◽  
Dynamic Panel ◽  
Migrant Remittances ◽  
Using Data ◽  
The Impact

<p><em>The potential role that workers’ remittances are likely to play in promoting economic growth, especially in Arab countries, is currently attracting considerable attention. </em><em>These remittances have an impact on the remitting economies as well. </em><em>The Gulf region is considered one of the top sending countries of migrant remittances. In this study, empirical analysis is carried out with panel techniques using data over the last three decades for six Arab countries. Our results show that migrant remittances have a positive and significant impact on economic growth. This relationship is also significant when we use dynamic panel data. An indirect effect of remittances on economic growth is pointed out especially via the investment and the household final consumption expenditure channels. </em></p><p><em>Policymakers in Arab countries should take appropriate policy actions to increase the outflow of workers. Developed capital markets, as well as a sound macroeconomic policy environment, would provide incentives for sustainable remittances transfers.</em></p>

Sign in / Sign up

Export Citation Format

Share Document