Paper Title :Effect of Volatility of Remittance Inflow on Economic Growth of Nigeria

Author :Oplarinde Samson Oladapo, Badmus, Wasiu Alao, Adekunle Joseph Kayode

Article Citation :Oplarinde Samson Oladapo ,Badmus ,Wasiu Alao ,Adekunle Joseph Kayode , (2016 ) " Effect of Volatility of Remittance Inflow on Economic Growth of Nigeria " , International Journal of Management and Applied Science (IJMAS) , pp. 82-83, Volume-2,Issue-10

Abstract : Remittance in flow been a good source of foreign exchange and income in many developing centers especially in sub – Sahara but divergent option exist on whether it propels or regards economic growth. This study examined whether the volatility (fluctuation in trend) of remittance has significant impact on economic growth of Nigeria the ordinary least square (OLS) regression confirms that remittance ginger economic growth. The residual graph confirms the volatility of the remittance inflow and the author regressive conditional heteroskedinsticity (arch) model shows that volatility of remittance on flow can not regard economic growth Index Terms— Economic Growth, Remittance, Volatility.

Type : Research paper

Published : Volume-2,Issue-10

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