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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
1

Macroeconomic Impact Of Workers

Yasar, Pinar 01 July 2005 (has links) (PDF)
In this study, a demand oriented simultaneous equation macroeconometric model with a dynamic perspective is constructed in order to investigate the impact of workers&rsquo / remittances on output growth via their effects on key macro variables such as private consumption, investment and imports for Turkey. The study covers the period of 1964-2003 on an annual basis. Results of the analysis suggest that workers&rsquo / remittances affect output growth in a positive manner through the multiplier process. It is found that the highest induced growth rate by remittances to output growth belongs to the early 1970s especially the year of 1973, which corresponds to the date of first oil shock and also the end of labour migration to Europe. Thus, it is concluded that although workers&rsquo / remittances have been mostly used for consumption and imports as mentioned in most of the studies both for Turkey and other countries, remittances contributed to economic growth of Turkey positively through the multiplier process especially in the early 1970s.

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