Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application
The main objective of the article is to determine the impact of remittances on the economic growth of the regions in Colombia, taking into account the panel data structure for the period 2009-2016. Are used the data of international remittance income from the Banco de la República and the Gross Dome...
- Autores:
- Tipo de recurso:
- http://purl.org/coar/resource_type/c_6890
- Fecha de publicación:
- 2019
- Institución:
- Universidad Pedagógica y Tecnológica de Colombia
- Repositorio:
- RiUPTC: Repositorio Institucional UPTC
- Idioma:
- spa
- OAI Identifier:
- oai:repositorio.uptc.edu.co:001/12007
- Acceso en línea:
- https://revistas.uptc.edu.co/index.php/cenes/article/view/8576
https://repositorio.uptc.edu.co/handle/001/12007
- Palabra clave:
- Remittances
Economic growth
Regional Economics
Panel Data
Remesas
Crecimiento Económico
Economía Regional
Datos de Panel
- Rights
- License
- Copyright (c) 2019 Andrés Fernando Chamorro-García, Edwin Arbey Hernandez Garcia
| Summary: | The main objective of the article is to determine the impact of remittances on the economic growth of the regions in Colombia, taking into account the panel data structure for the period 2009-2016. Are used the data of international remittance income from the Banco de la República and the Gross Domestic Product of the Colombian regions published by the Departamento Administrativo Nacional de Estadística (DANE), from which econometric equations are estimated using the estimator of fixed effects corrected by autocorrelation and heteroscedasticity for panel data. The results show a positive and significant effect of remittances on regional economic growth. |
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