A panel data analysis of the growth effects of remittances

By B. Bhaskara Rao, Gazi Hassan. 2009

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Remittances, financial development and economic growth in Africa (2012, background): “…sources of financial flows to developing countries, often overshadowing the traditional sources such as official aid and private capital flows (see World Bank, 2003, 2004; Aggarwal, Demirgüç -Kunt, & Martínez Pería, 2010; Giulia & Zazzaro, 2011; Giuliano & Ruiz-Arranz, 2009; Rao & Hassan, 2011).”
Why Don't Remittances Appear to Affect Growth? (2014, unknown): “More recent work excludes investment per se (Barajas et al. 2009; Ruiz et al. 2009; Rao and Hassan 2011), but controls for various country traits that could be either direct determinants of investment or determined by investment, such as financial depth, inflation, fiscal balance, the quality of…”
Remittances and Economic Growth: Larger Impacts in Smaller Countries? (2014, methodology): “5 Following recent studies of remittances (Pradhan et al., 2008; Mundaca, 2009; Rao and Hassan, 2011), we adopt this definition, with ri,t being the sum of workers’ remittances and compensation of employees received in country i as a percentage of its GDP in year t.”