Economic Transformation in Nigeria: any Role for Migrant Remittances

dc.contributor.authorAmaghionyeodiwe, L.A
dc.contributor.authorDauda, R.O.S
dc.date.accessioned2016-08-29T12:51:10Z
dc.date.available2016-08-29T12:51:10Z
dc.date.issued2012-07
dc.descriptionTo access the full text of this article, kindly contact the University Librarian- Dr. Olukemi Fadehan via the administrators: Dr. Yetunde Zaid (yzaid@unilag.edu.ng) or Dr. Christopher Okiki (cokiki@unilag.edu.ng) of the University of Lagos Library.en_US
dc.description.abstractRemittances play a potentially positive role as a tool for stimulating development and transformation of recipient countries, especially developing ones like Nigeria where remittances are an important source of foreign exchange. Available data indicates that Nigeria is one of the countries with the highest inflow of migrant remittances which, if well utilized, could lead to the economic transformation of the country. The paper used an error correction model and data from 1977 to 2009 to investigate whether or not migrant remittances have any developments impacts. Specifically, we tested whether or not there a long run relationship between output growth and remittances in Nigeria. The findings indicates that remittances had positive effect on Nigerians per capita income implying that remittances can increase savings, capital accumulation and productivity and output growth.en_US
dc.identifier.citationAmaghionyeodiwe, L.A and Dauda, R.O.S (2012) Economic Transformation in Nigeria: any Role for Migrant Remittances. The Nigerian Journal of Economic and Social Studies, Volume 54(2).en_US
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/985
dc.language.isoenen_US
dc.publisherNigerian Economic Societyen_US
dc.subjectWorkers' remittancesen_US
dc.subjectEconomic Growthen_US
dc.subjectNigeriaen_US
dc.titleEconomic Transformation in Nigeria: any Role for Migrant Remittancesen_US
dc.typeArticleen_US
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