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Impact of Remittances on Private Sector Credit in the Pacific Island Countries
We examine the effect of remittances on private sector credit in the Pacific Island countries (PICs) using the data from 58 developing countries from 2004 to 2016. The analysis provides strong evidence that the effect of remittance inflows on private sector credit for PICs is positive and higher than that for other developing countries. In addition, the per capita gross domestic product, official development assistance, the number of bank branches, and institutional quality are also positively associated with private sector credit in PICs, while the Consumer Price Index is negatively associated with private sector credit. These results have important implications for the development of financial sector in PICs.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.2 - Karya Akhir (Majalah) | 1 |
| Penerbit | Jakarta: Bank Indonesia 2020 |
|---|---|
| Edisi | 13th BMEB Call for Papers Special Issue, Volume 23 |
| Subjek | Remittances Private sector credit Pacific island countries |
| ISBN/ISSN | 2460-9196 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 152 p. |
| Info Detail Spesifik | Bulletin of Monetary Economics and Banking |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |