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- W2037184424 abstract "In this article we re-examine the relationship between remittances and economic growth placing special attention to the non-linearity of this relationship. Previous studies have ignored the non-linearity of the relationship between remittances and economic growth or have used a quadratic term to capture non-linearity. We show that the relationship between remittances and growth is neither linear nor quadratic and propose the use of a semiparametric model to avoid the risk of misspecification bias from imposing an arbitrary functional form. We find evidence of a positive relationship between remittances and growth in parametric estimations, however, such relationship disappears when non-linearity is taken into account using nonparametric techniques." @default.
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- W2037184424 date "2009-03-01" @default.
- W2037184424 modified "2023-09-23" @default.
- W2037184424 title "Remittances, Institutions and Growth: A Semiparametric Study" @default.
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