The Impact of Foreign Remittances on child labor in Pakistan: A Time Series Analysis
Journal Title: Pakistan Journal of Economic Studies - Year 2022, Vol 5, Issue 1
Abstract
The purpose of this research is to look intot he relationship between remittances and child labor in Pakistan. The impact of foreign remittances on child labor was calculated using time series data from 1992 to 2021. Data from the World Development Indicator, the International Labor Organization (ILO), and the Pakistan Economic Surveys have been retrieved. Child labor is the dependent variable, while the independent variables are foreign remittances, poverty, literacy, and total fertility rate. To assess whether the data were stationary, the Unit Root Test was applied. The long-run relationship was investigated using the Johnson co-integration model, whereas the short-run relationship was determined using the Error Correction Model. According to the research, foreign remittances and literacy rates have a significant negative impact on child labor. Furthermore, changes in the values of poverty and fertility, as well as their lag values, were found to have a significant and positive effect on child labor
Authors and Affiliations
Sadia Mahwish, Ruqia Shaheen, Ismat Nasim
Keywords
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