Remittances and inflation in OPEC countries: Evidence from bias-corrected least-squares dummy variable (CLSDV) estimator - Archive ouverte HAL
Journal Articles Economics Bulletin Year : 2020

Remittances and inflation in OPEC countries: Evidence from bias-corrected least-squares dummy variable (CLSDV) estimator

Abstract

The aim of this paper is to investigate the impact of remittances outflows on inflation for a panel of 14 OPEC countries during the period 1980-2018. Using bias-corrected least-squares dummy variable (CLSDV) estimator, empirical results reveal that remittance outflows have no effect on inflation rate. However, trade openness and current account deficits have a positive impact on inflation. Further, oil price appears to not have any effect on inflation in OPEC countries.
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Dates and versions

hal-03082806 , version 1 (16-02-2021)

Identifiers

  • HAL Id : hal-03082806 , version 1

Cite

Rashid Sbia, Hamdi H.. Remittances and inflation in OPEC countries: Evidence from bias-corrected least-squares dummy variable (CLSDV) estimator. Economics Bulletin, 2020, 40 (3), pp.2471-2483. ⟨hal-03082806⟩
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