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
Related Articles
- EP ID EP735671
- DOI -
- Views 25
- Downloads 0
State-owned Enterprises not Burden: A case study of Pakistan International Airline
Despite covering a large share of the Pakistan aviation industry, Pakistan International Airline Corporation (PIAC) has been facing financial crises and losses for the past few years. The government subsidizes it every y...
Evolutionary Phases of Money in Various Civilizations
Objective: The aim of this study is to conduct a thorough examination and comparison of the evolutionary stages of currency in diverse civilizations. Employing an interdisciplinary approach, the research seeks to elucida...
Child Well-being and Economic Growth: A Cross Country Analysis
This study investigates the relationship between various indicators of child well-being and economic growth. It groups indicators of child well-being into four key dimensions, namely child health,...
An Introduction to Monetary Policy Framework in Pakistan: Instruments, Objectives, and Mechanism
In an economy, a central bank's behavior in formulating monetary policy is characterized by some specific actions. These actions meet the complex process of decisions about how a central bank regulates its policy instrum...
Impact of Foreign Exchange Reserve on Exchange Rate in Selected South Asian Economies
The significance of exchange rate and its influence on economic stability, productiveness, and trade patterns. Our study is the first in Selected South Asian Association for Regional Corporation (SAARC) countries...