Economic Growth and Remittances Inflow: Empirical Evidence from Kyrgyz Republic

Authors

  • Nurlan ATABAEV International Ataturk-Alatoo University
  • Gulnaz ATABAEVA International Ataturk-Alatoo University
  • Damira BAIGONUSHOVA Kyrgyzstan-Turkey “Manas” University

Keywords:

Remittances Inflow, Economic Growth, Vector Autoregression, Exchange Rate

Abstract

This article examines the effects of remittances inflow on economic growth in Kyrgyz Republic. We analyzed relationships between the remittances inflow, real GDP, CPI, exchange rate, import and international reserves by using the vector autoregression approach (VAR) and monthly data for 2005-2012. As a result it has been found that remittances inflow positively effects on output and import which lasts only for two months and negatively on exchange rate of foreign currency (dollar).

Published

30-11-2014

How to Cite

ATABAEV, N., ATABAEVA, G., & BAIGONUSHOVA, D. (2014). Economic Growth and Remittances Inflow: Empirical Evidence from Kyrgyz Republic. Eurasian Journal of Business and Economics, 7(14), 61-70. Retrieved from https://ejbe.org/index.php/EJBE/article/view/133

Issue

Section

Articles