Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/222767 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
ADBI Working Paper Series No. 1000
Verlag: 
Asian Development Bank Institute (ADBI), Tokyo
Zusammenfassung: 
The main purpose of this paper is to empirically investigate the impacts of remittance inflows, financial inclusion, and economic development and whether inward remittances may help to construct an inclusive financial system. Using both endogeneity-robust generalized method of moments and a structural equation model, our results show that remittances and financial inclusions are engines of growth in countries of different income groups. This implies that the policies to attract extra inward remittances and improve financial inclusion status are of great importance and could pull middle-income countries out of middle-income traps. To this end, our empirical study helps to shed light on the development dilemma of remittance inflows and financial inclusion and to explain both direct and indirect mechanisms through which these effects may happen.
Schlagwörter: 
remittance
financial inclusion
economic development
structural equation model
middle-income countries
JEL: 
G00
F24
F63
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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