摘要:This paper aims at examining the effect of remittances on economic growth. To this effect, we used a modified version of Giulliano and Arranz’s model (2009) to determine the relationship between economic growth, remittances and education. A panel-based data analysis of two groups of countries over the 1990-2006 period seems to point to the existence of a relationship between the studied variables. The first group of countries consists of the largest remittances-recipient countries in GDP percentage. The second group includes countries recipient of the largest remittances in amounts/value. The obtained results indicate that remittances have direct and indirect effects, only for the first group of countries. However, these effects disappear for the second group of countries.
关键词:remittances; economic growth; education; direct effect; indirect effect.