Impact of international migration and remittances on Economic Growth: A Case of Pakistan

Authors

  • Farid Ahmad NCBA&E, Multan

Abstract

The role of migration and remittances on Pakistan's economic growth was
explored in this research. To investigate the link between the independent
variables, net migration, remittances, labor force participation rate, gross
capital creation, and exchange rate and the dependent variable Gross
Domestic Product. From 1976 through 2020, yearly time series data was
examined. The Ordinary Least Square (OLS) approach is used to assess the
connection between the dependent and independent variables in this study.
The results of the OLS technique reveal that Net Migration, Remittances,
Labor Force Participation Rate, and Gross Capital Formation have a positive
and substantial impact on Pakistan's Gross Domestic Product. The impact of
the exchange rate on Pakistan's Gross Domestic Product is both positive and
negligible.

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Published

2022-04-10

How to Cite

Farid Ahmad. (2022). Impact of international migration and remittances on Economic Growth: A Case of Pakistan. Meritorious Journal of Social Sciences and Management (E-ISSN# 2788-4589 | P-ISSN#2788-4570), 5(1). Retrieved from https://journal.mgp.org.pk/index.php/mjssm/article/view/166

Issue

Vol. 5 No. 1 (2022): Meritorious Journal of Social Sciences and Management

Section

Articles