Remittance Inflow and Nepal's Economic Growth: An Econometric Analysis

Subas Gautam; Dr V.B. Singh

Abstract

The meaning of Settlements has been extensive in financial development through different in utilization and venture design. The purpose of this study is to determine the long-term relationship as well as the cause-and-effect relationship between remittances and GDP in Nepal in light of the expanding role of remittances in the Nepalese economy. Annual time series data from 1974/75 to 2019/22 have been analyzed using the Johansen Cointegration test and the Granger Causality test. According to the Johansen Cointegration, there is no equilibrium relationship between GDP and remittances in the long run. Engle Granger causality test observes that there is uni-directional causality running from Settlement to Gross domestic product.

Keywords

Nepal, GDP, Economy, Econometric.

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https://www.researchgate.net/publication/337485726_Econometric_Analysis_of_Remittance_Inflow_and_Economic_Growth_of_Nepal

Cites this article as

S. Gautam, D. V. Singh, "Remittance Inflow and Nepal's Economic Growth: An Econometric Analysis", International Journal of Innovative Research in Engineering & Management (IJIREM), Vol-8, Issue-5, Page No-47-50, 2021. Available from: