European Academic Research ISSN 2286-4822
ISSN-L 2286-4822
Impact Factor: 3.4546 (UIF)
DRJI Value : 5.9 (B+)
Article Details :
Article Name :
Impact of Worker’s Remittances on Poverty Alleviation in Pakistan
Author Name :
SARA ASHFAQ1, FARIDULLAH KHAN
Publisher :
Bridge Center
Article URL :
Abstract :
Workers remittances considered the major and sustainable source of financial inflow and earning to many developing economies like Pakistan. Remittances income has momentous and favorable impacts upon growth rate and put pressure over poverty reduction. Therefore, the present study has been devised for examine the effects of worker’s remittances over poverty alleviation in context of Pakistan, during time span of 1980-2016. Autoregressive Distributive Lagged approach is employed for obtaining long run and short run results because of small sample size. The results of long run reveal negative significant relationship of variables such as worker’s remittances, gross domestic product and inflation with poverty head count except official development assistance which holds negative sign but insignificant for poverty alleviation. On the other hand, short run results reveal negative significant association of gross domestic product and inflation with poverty as head count ratio whereas workers’ remittances and official development assistances hold negative signs although but statistically insignificant for poverty. The government should design and implement a policy in a manner from which the remittances may properly utiliz
Keywords :
Poverty, Worker’s Remittances, Autoregressive Distributed Lagged Model.

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