Growth Effects of Remittance: A Case of Turkey Diaspora

Caterina  De Lucia; Luigi Pio Leonardo Cavaliere; Ester Salvato; Alessio Faccia

doi:10.17762/pae.v58i1.819

Growth Effects of Remittance: A Case of Turkey Diaspora

Caterina De Lucia, Luigi Pio Leonardo Cavaliere, Ester Salvato, Alessio Faccia

School of Economics, Finance and Accounting

University of Foggia

Research output: Contribution to journal › Article › peer-review

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Abstract

In the age of globalization, remittances are an essential part of human life. This analysis's key objective is to examine the effect of remittances in developing economies like Turkey on economic development. The 1980 to 2020 time-series data used in this analysis which use numerous time series estimating techniques. Sending data is given by the Banks of Turkey and in a million dollars. Simultaneously, economic development or GDP data are provided by world economic indicator, the World Bank, and the new US dollar. The findings indicated that there are both short-term and long-term ties between transactions and economic development in Turkey. Therefore, results indicate that Turkey's transition flows positively affect Turkey's person and Turkey's macroeconomic scenario. The government should implement policies that allow Turkey in overseas countries to submit transmissions through official channels.

Original language	English
Pages (from-to)	690-698
Number of pages	9
Journal	Psychology and Education Journal
Volume	58
Issue number	1
DOIs	https://doi.org/10.17762/pae.v58i1.819
Publication status	Published - 12 Feb 2021

Bibliographical note

This work is licensed under a Creative Commons Attribution 4.0 International License CC-BY

Keywords

Economic growth
Remittances
Autoregressive Distributed Lag analysis

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.17762/pae.v58i1.819Licence: CC BY

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Cite this

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title = "Growth Effects of Remittance: A Case of Turkey Diaspora",

abstract = "In the age of globalization, remittances are an essential part of human life. This analysis's key objective is to examine the effect of remittances in developing economies like Turkey on economic development. The 1980 to 2020 time-series data used in this analysis which use numerous time series estimating techniques. Sending data is given by the Banks of Turkey and in a million dollars. Simultaneously, economic development or GDP data are provided by world economic indicator, the World Bank, and the new US dollar. The findings indicated that there are both short-term and long-term ties between transactions and economic development in Turkey. Therefore, results indicate that Turkey's transition flows positively affect Turkey's person and Turkey's macroeconomic scenario. The government should implement policies that allow Turkey in overseas countries to submit transmissions through official channels.",

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AU - Cavaliere, Luigi Pio Leonardo

AU - Salvato, Ester

AU - Faccia, Alessio

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KW - Economic growth

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KW - Autoregressive Distributed Lag analysis

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DO - 10.17762/pae.v58i1.819

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Growth Effects of Remittance: A Case of Turkey Diaspora

Abstract

Bibliographical note

Keywords

UN SDGs

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