Assessing the Role of Remittances and Financial Deepening in Growth

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dc.contributor.author Fakih, Ali
dc.contributor.author Abosedra, Salah
dc.date.accessioned 2017-07-06T11:56:09Z
dc.date.available 2017-07-06T11:56:09Z
dc.date.copyright 2017 en_US
dc.date.issued 2017-07-06
dc.identifier.issn 2194-5659 en_US
dc.identifier.uri http://hdl.handle.net/10725/5883 en_US
dc.description.abstract We investigate the relationship between remittances, financial deepening and the growth of the Lebanese economy using quarterly data from 1993 to 2011. Our results provide strong support for the theoretical contention that remittances and financial development share a robust long-run relationship with growth in Lebanon. However, the results indicate that short-run effects on growth volatility are statistically insignificant from financial development but strongly significant from remittances. These results extend recent findings on the financial development, remittances and growth nexus and imply that benefits expected from remittances for addressing growth volatility in Lebanon materialize more than those associated with financial development. en_US
dc.language.iso en en_US
dc.title Assessing the Role of Remittances and Financial Deepening in Growth en_US
dc.type Article en_US
dc.description.version Published en_US
dc.title.subtitle The Experience of Lebanon en_US
dc.author.school SOB en_US
dc.author.idnumber 201105198 en_US
dc.author.department Department of Economics (ECON) en_US
dc.description.embargo N/A en_US
dc.relation.journal Global Economy Journal en_US
dc.journal.volume 17 en_US
dc.journal.issue 1 en_US
dc.keywords Remittances en_US
dc.keywords Financial deepening en_US
dc.keywords Economic growth en_US
dc.keywords Lebanon en_US
dc.keywords Granger causality en_US
dc.identifier.doi https://doi.org/10.1515/gej-2015-0059 en_US
dc.identifier.ctation Abosedra, S., & Fakih, A. (2017). Assessing the Role of Remittances and Financial Deepening in Growth: The Experience of Lebanon. Global Economy Journal, 17(1). en_US
dc.author.email AFakih@lau.edu.lb en_US
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url https://www.degruyter.com/view/j/gej.2017.17.issue-1/gej-2015-0059/gej-2015-0059.xml en_US
dc.orcid.id https://orcid.org/0000-0002-8562-3308 en_US
dc.author.affiliation Lebanese American University en_US

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