Workers' remittances and import demand in Pakistan
Philippine Review of Economics
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Title |
Workers' remittances and import demand in Pakistan
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Creator |
Zaman, Khair-uz; Economics, Gomal University, Dera Ismail Khan
Imrani, Nazakat Ali; Department of Commerce and Business Administration, Gomal University, Dera Ismail Khan |
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Subject |
overseas workers; remittances; import function; Pakistan
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Description |
Using quarterly data for the period 1975-2004, this paper estimates import functions for Pakistan both at the aggregate and disaggregated levels. Findings show that remittances do have a significant impact on the demand for imports in the aggregate equation, with the elasticity for remittances being 0.15, and 0.70 for domestically generated income, in the long run (natural logarithm). Remittances, however, have no impact on the demand for imported consumer goods; their impact on the import of raw materials and capital goods are greater than that of domestically generated income. JEL classification: F2
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Publisher |
Philippine Review of Economics
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Contributor |
—
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Date |
2005-12-30
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/207
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Source |
Philippine Review of Economics; Vol 42, No 2 (2005)
1655-1516 |
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Language |
eng
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Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/207/593
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Rights |
Copyright (c) 2017 Philippine Review of Economics
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