文章基本信息

标题：The Effect of Remittance, Consumption, and FDI on Economic Growth in ASEAN Countries
本地全文：下载
作者：Mega Mariska ; Lies Maria Hamzah ; Arivina Ratih 等
期刊名称：Eko-Regional
印刷版ISSN：1907-6827
电子版ISSN：2620-8849
出版年度：2021
卷号：16
期号：2
DOI：10.20884/1.erjpe.2021.16.2.1855
语种：English
出版社：Universitas Jenderal Soedirman
摘要：One of the main indicators seen in reviewing the relationship between international workers and economic growth is remittances.Remittances obtained from workers abroad are one of the major sources of finance for developing countries.Remittances are also a source of finance in increasing migrant household incomes which encourage improved consumption which will affect economic growth.This study was conducted to explore the impact of migrant remittances, consumption and FDI on economic growth in 10 ASEAN countries using annual panel data from 2015-2019.This study uses panel data regression analysis with the Random Effect Model (REM) approach.The results showed that remittances, consumption and FDI positively and significantly contributed to economic growth in 10 ASEAN countries.Significant contribution of migrant remittances in economic growth if their use is directed to more productive sectors such as use in the investment sector can help the economies of ASEAN countries to maintain and increase economic growth.The government needs to improve the quality of migrant workers through education because a high level of education will affect the level of wages received by migrants and will have an impact on increasing remittances.The limitation in this study is the use of limited data, for 2020 it is not included in the data set used in the analysis.For this reason, further research should use 2020 data because in 2020 there be a new phenomenon, namely COVID-19 which can be traced to the impact of this phenomenon on remittances.
关键词：Remittances;Migrant;Economic Growth;Panel Data