The Effect of Remittances on India’s Gross Domestic Savings: Issues and Evidence

Please use this identifier to cite or link to this item: http://inet.vidyasagar.ac.in:8080/jspui/handle/123456789/6921

Title:	The Effect of Remittances on India’s Gross Domestic Savings: Issues and Evidence
Authors:	Majumder, Subhajit Karmakar, Asim K.
Keywords:	Remittances Economic Growth Gross Domestic Savings Dependency Ratio Interest Rate Inflation Economic Openness Cointegration
Issue Date:	1-Jun-2022
Publisher:	Registrar, Vidyasagar University on behalf of Vidyasagar University Publication Division, Midnapore, West Bengal, India, 721102
Series/Report no.:	Volume XXVI;
Abstract:	This paper enquires the effect of remittances on India’s gross domestic savings using ARDL model. The results show that remittances have a significant negative effect on gross domestic savings. This contradicts the studies that show positive relationship between remittances and gross domestic savings. The paper also finds that income has a positive impact whereas interest rate, exchange rate and inflation have negative impact on savings both in the short-run and in the long-run.
Description:	PP:90-100
URI:	http://inet.vidyasagar.ac.in:8080/jspui/handle/123456789/6921
ISSN:	0975-8003
Appears in Collections:	Vidyasagar University Journal of Economics Vol. XXVI [2021-22]

Files in This Item:

File	Description	Size	Format
7.Subhajit Majumder_&_Asim K. Karmakar.pdf	PP:90-100	742.12 kB	Adobe PDF	View/Open

DSpace JSPUI