Riaqa Mubeen, Muhammad Nazam, Aneela Batool, Saima Akram, Maria Ishtiaq
{"title":"Impact of Foreign Remittances on Financial Development of Pakistan","authors":"Riaqa Mubeen, Muhammad Nazam, Aneela Batool, Saima Akram, Maria Ishtiaq","doi":"10.26710/jafee.v6i1.1096","DOIUrl":null,"url":null,"abstract":"This research investigates the impact of remittances on financial development of Pakistan. Overseas remittances have positive and major relation with GDP of Pakistan at the same time as inflation and exchange rate has unconstructive effect on economic growth. The multiple regression investigation is used to identify the relationship between the dependent and independent variables. In this study, we considered economic growth as the dependent variable. For independent variables worker’s remittances, foreign direct investment, inflation, and exchange rate and agriculture growth.","PeriodicalId":7737,"journal":{"name":"American Scientific Research Journal for Engineering, Technology, and Sciences","volume":"17 1","pages":"54-65"},"PeriodicalIF":0.0000,"publicationDate":"2016-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"American Scientific Research Journal for Engineering, Technology, and Sciences","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.26710/jafee.v6i1.1096","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
This research investigates the impact of remittances on financial development of Pakistan. Overseas remittances have positive and major relation with GDP of Pakistan at the same time as inflation and exchange rate has unconstructive effect on economic growth. The multiple regression investigation is used to identify the relationship between the dependent and independent variables. In this study, we considered economic growth as the dependent variable. For independent variables worker’s remittances, foreign direct investment, inflation, and exchange rate and agriculture growth.
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