国际侨汇对菲律宾经济增长影响的实证考察

An Empirical Study on the Impact of International Remittances on Philippine Economic Growth

运用VAR模型的脉冲响应函数和方差分解法对1981-2016年间菲律宾侨汇和外国直接投资对经济增长的影响进行了探讨。分析结果表明侨汇对经济增长,长期存在比较稳定的正向效应,但侨汇对菲律宾经济增长的贡献度较小,远远小于FDI,这个结论表明侨汇并未有效转化为菲律宾经济增长的重要支撑。

In this paper,the influence of Philippine's foreign remittances and foreign direct investment on economic growth during 1981-2016 was discussed by using the impulse response function and variance method based on a VAR model.The results showthat remittances have a relatively positive effect on economic growth in the long run,but the contribution of remittances to the economic growth of the Philippines is far less than that of FDI. This conclusion shows that remittances have not been effectively transformed into an important support for Philippine economic growth.