Volume 20, Issue 1, April 2017, Pages 226–233
Safaa Tabit1 and Charaf-Eddine Moussir2
1 Mohammed V University, Faculty of Juridical, Economic and Social Sciences, Department of economics, Rabat, Morocco
2 Université Mohammed V Rabat, Morocco
Original language: English
Copyright © 2017 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
This paper aims to analyze the impact of MRA’s remittances on economic growth by using two models VAR and ECM over the period 1975-2014. The results conclude that MRA’s remittances represent a determinant of economic growth, in the short term, with an elasticity low compared to the long-term behavior. Given the impulse responses analysis, a shock on MRA’s transfers has a positive impact on GDP, investment and consumption.
Author Keywords: Remittances, VAR, Error correction model, Moroccans resident abroad, Economic growth.
Safaa Tabit1 and Charaf-Eddine Moussir2
1 Mohammed V University, Faculty of Juridical, Economic and Social Sciences, Department of economics, Rabat, Morocco
2 Université Mohammed V Rabat, Morocco
Original language: English
Copyright © 2017 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
This paper aims to analyze the impact of MRA’s remittances on economic growth by using two models VAR and ECM over the period 1975-2014. The results conclude that MRA’s remittances represent a determinant of economic growth, in the short term, with an elasticity low compared to the long-term behavior. Given the impulse responses analysis, a shock on MRA’s transfers has a positive impact on GDP, investment and consumption.
Author Keywords: Remittances, VAR, Error correction model, Moroccans resident abroad, Economic growth.
How to Cite this Article
Safaa Tabit and Charaf-Eddine Moussir, “IMPACT OF MIGRANTS’ REMITTANCES ON ECONOMIC GROWTH: CASE OF MOROCCO,” International Journal of Innovation and Applied Studies, vol. 20, no. 1, pp. 226–233, April 2017.