Temporary and permanent effects of remittances on economic growth in Ecuador
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Date
2018
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Abstract
This article analyses the temporary and permanent effects of remittances on subnational economic growth in Ecuador. We find that both effects are statistically significant. However, while the size of first is negligible, the magnitude of the permanent effect is inversely related to the stage of development.
Resumen
This article analyses the temporary and permanent effects of remittances on subnational economic growth in Ecuador. We find that both effects are statistically significant. However, while the size of first is negligible, the magnitude of the permanent effect is inversely related to the stage of development.
Keywords
Remittances, Economic Growth, Ecuador