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Abstract Incorporating migrant remittances among other variables into a growth model, and employing panel data over the 1970–2008 period, this study investigates the impact of migrant remittances on economic growth in South Asia. Migrant remittances are found to have a significant positive effect on economic growth. A significant positive interactive effect of remittances on economic growth is detected through education and financial sector development.
Arusha Cooray (Fri,) studied this question.