Abstract:Both Bangladesh and India are among the top recipient of remittances in absolute terms. However, in relative terms -remittances as a per cent of GDP -the two countries stand at 6.1% and 2.8%, respectively, well below the levels of the top 10 recipients. In this article, we explore the effect of remittances on the total factor productivity (TFP) growth considering Bangladesh and India, as reference countries over the periods 1980-2012 and 1977-2012, respectively. We examine the presence of a long-run associati… Show more
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