An Assignment on Literature Review
Course No.: Econ 3206
Course Title: Research Methodology- Fieldwork and Studio.
Submitted to: Submitted by:
Sazia Ahmed Md. Mehedi Hasan Bappy
Lecturer Student ID: 181534
3rd year 2nd term
Economics Discipline
Economics Discipline
Khulna University
Khulna University
Khulna
Khulna
Submission Date: 30 September, 2020
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1.Literature Matrix
Serial Title Author Year Objective Variable Method Result
No
1 The impact of Kamal 1998 To determine GNP, Keynesian Strong
migrant Uddin impact of Consumptio macro positive
worker's Ahmed, worker's n, economics impact on
remittance on Md. remittance on Investment, model and GNP,
Bangladesh Hadayet Bangladesh Import OLS largest
economy Ullah economy technique impact on
Chowdhur consumptio,
y smallest
impact on
investment
2 The role of Muhamma 2015 To examine foreign Time Positive
migrant d Azam the direct series data, relationship
workers macroeconomi investment, simple between
remittances in c impact of openness to multivaria migrant
fostering migrant trade and ble workers
economic workers’ infrastructu regression remittances
growth The remittances on re model and
four Asian economic economic
developing growth in four growth
countries’ developing
experiences Asian
countries
namely:
Bangladesh,
India, Pakistan
and Sri Lanka.
3 The Impact of Bezon 2019 mainly Age, sex, binary the level of
2
International Kumar explores to educatio, logistic poverty
Remittances what extent income, regression among
on Poverty international expenditure model remittance
Alleviation in remittances , land, recipient
Bangladesh alleviate poverty households
household is notably
poverty in lower than
Bangladesh households
that are not
receiving
remittances
4 Migrant Md Shoaib 2010 examined Tax, time series statistically
Workers Ahmed whether domestic regression significant,
Remittance workers’ saving, negative
and Economic remittances investmen, impact on
Growth: have growth export, growth.
Evidence from impact on import, exports and
Bangladesh Bangladesh Reserve domestic
economy, investments
positively
affect the
economic
growth,
while
foreign
direct
investment
has no
consequenti
al effect.
5 Workers’ Mahedi 2014 to analyze the GDP, vector positive
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Remittance Masuduzza role of remittance, error relationship
Inflow, man remittance on inflation,rea correction between
Financial economic l interest model inflow of
Development growth and to rate remittance
and Economic investigate the and gross
Growth: A interaction of domestic
Study on remittance products,
Bangladesh with the significant
financed positive
development effect on
of Bangladesh financial
developmen
t.
2.Literature Review: Reviewing the existing literature is mostly focused on the issues of
economic growth, financial development and poverty alleviation effects on remittance inflow
for the remittance receiving developing countries ( Masuduzzaman, 2014). Author showed that
remittances have a significant positive effect on financial development. Authorised also
discovered some policy issue.
Empirical studies on the countries selected for the current research are few in number. Some
earlier studies like (Azam, 2015) found that real GDP growth was positively related to workers’
remittances. Such remittances appeared to be the third important source of capital for economic
growth.
In addition, some studies have argued that international remittances significantly reduce poverty
in Bangladesh (Kumar, 2019). Author showed that in her research paper if a household
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receives international remittances, the probability of that household being poor is decreased
by 28.07 per cent.
Much of the current literature on the workers’ remittances has concentrated on two broad
strands. Studies related with macroeconomics, especially growth impact of remittances
constitute one of them. (Ahamed, 2010) found that remittance flows to Bangladesh have been
statistically significant but have negative impact on growth.
(Ahmed and Chowdhur, 1998) found that remittance has positive impact on GNP, largest impact
on consumption but smallest impact on investmen. Authors also suggested to explore new
markets for manpower exports.
3.Research Gap: Remittances in the world represent one of major international financial
resources, which sometimes they exceed the flows of foreign direct investment (FDI). For
centuries, there have been heated debates on the sources of economic growth in developing
economies and also why some countries reflect strong economic growth comparing to others. We
have seen in the Literature Review that every writer has shown the relationship of economics
with remittances but has not described in detail the impact on any sector of the economy.
4.References:
I. Ahmed, K. U., & Chowdhury, M. H. U. (1998). The Impacts of Migrants Workers
Remittances on Bangladesh Economy. Indian Journal of Economics, LXXVIII, 535–549.
https://www.researchgate.net/publication/281210172_The_Impacts_of_Migrants_Worker
s_Remittances_on_Bangladesh_Economy
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II. Azam, M. (2015). The role of migrant workers remittances in fostering economic growth.
International Journal of Social Economics, 42(8), pp. 690–705.
https://doi.org/10.1108/ijse-11-2013-0255
III. Kumar, B. (2019). The Impact of International Remittances on Poverty Alleviation in
Bangladesh. Remittances Review, 4(1), pp. 67–86. https://doi.org/10.33182/rr.v4i1.665
IV. Ahmed, M.S. (2010), Migrant workers remittance and economic growth: evidence from
Bangladesh, ASA University Review, 4(1), pp. 1-13.
V. Masuduzzaman, M. (2014). Workers’ Remittance Inflow, Financial Development and
Economic Growth: A Study on Bangladesh. International Journal of Economics and
Finance, 6(8), pp. 247–267. https://doi.org/10.5539/ijef.v6n8p247
