The impact of remittances on GDP in CARICOM

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dc.contributor.advisorBiekpe, Nicholasen_ZA
dc.contributor.authorMillington, Faith W Een_ZA
dc.date.accessioned2016-06-22T08:55:14Z
dc.date.available2016-06-22T08:55:14Z
dc.date.issued2015en_ZA
dc.description.abstractThis study investigates the relationship between remittances and economic growth in the Caribbean Community (CARICOM) from 1975 to 2013, where remittances are measured as a share of GDP and economic growth is measured by GDP per capita growth. Using multivariate linear regression analysis and the Generalised Method of Moments (GMM) the researcher tested the hypothesis that remittances have a positive relationship on GDP per capita growth within CARICOM. Additionally, the ability of financial development to influence the relationship between remittances and GDP per capita growth was also tested. In this study financial development was measured using the proxy variables of quasi money, M2 and banking credit to the private sector. The relationship between remittances and economic growth has been shown to vary across countries and regions. In this study it was found that remittances as a share of GDP growth do not have an overall statistically significant influence on GDP per capita growth but do effect GDP per capita growth through their interactions with inflation and banking credit to the private sector.en_ZA
dc.identifier.apacitationMillington, F. W. E. (2015). <i>The impact of remittances on GDP in CARICOM</i>. (Thesis). University of Cape Town ,Unknown ,GSB: Faculty. Retrieved from http://hdl.handle.net/11427/20084en_ZA
dc.identifier.chicagocitationMillington, Faith W E. <i>"The impact of remittances on GDP in CARICOM."</i> Thesis., University of Cape Town ,Unknown ,GSB: Faculty, 2015. http://hdl.handle.net/11427/20084en_ZA
dc.identifier.citationMillington, F. 2015. The impact of remittances on GDP in CARICOM. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Millington, Faith W E AB - This study investigates the relationship between remittances and economic growth in the Caribbean Community (CARICOM) from 1975 to 2013, where remittances are measured as a share of GDP and economic growth is measured by GDP per capita growth. Using multivariate linear regression analysis and the Generalised Method of Moments (GMM) the researcher tested the hypothesis that remittances have a positive relationship on GDP per capita growth within CARICOM. Additionally, the ability of financial development to influence the relationship between remittances and GDP per capita growth was also tested. In this study financial development was measured using the proxy variables of quasi money, M2 and banking credit to the private sector. The relationship between remittances and economic growth has been shown to vary across countries and regions. In this study it was found that remittances as a share of GDP growth do not have an overall statistically significant influence on GDP per capita growth but do effect GDP per capita growth through their interactions with inflation and banking credit to the private sector. DA - 2015 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - The impact of remittances on GDP in CARICOM TI - The impact of remittances on GDP in CARICOM UR - http://hdl.handle.net/11427/20084 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/20084
dc.identifier.vancouvercitationMillington FWE. The impact of remittances on GDP in CARICOM. [Thesis]. University of Cape Town ,Unknown ,GSB: Faculty, 2015 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/20084en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentGSB: Facultyen_ZA
dc.publisher.facultyUnknownen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherDevelopment Financeen_ZA
dc.titleThe impact of remittances on GDP in CARICOMen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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