Theoretical and Applied Economics
No. 4 / 2025 (645), Winter
Remittances and domestic demand: evidence from Romania
Bucharest University of Economic Studies, Romania
Abstract. This paper examines the impact of remittances on domestic demand in Romania using a log-linear OLS model based on macroeconomic data for 2015–2024. While GDP growth and inflation emerge as the primary drivers of household consumption, remittances show a positive but statistically insignificant effect once macroeconomic fundamentals are controlled for. The results suggest that remittances support short-term welfare but play a limited role in shaping aggregate demand. The study highlights measurement challenges and calls for policies that better channel remittance inflows toward investment and long-term economic development.
Contents
Dynamic risk spillovers in European Stock Markets: a TVP-VAR Approach
Co-movement and causality among exchange rates: a wavelet analysis
Financial development and economic growth in emerging economies: the mediating role of entrepreneurship
House prices and macroprudential policy in the Romanian economy: evidence from a BVAR analysis
The impact of short-run and long-run dynamics on manufacturing sector development in Indonesia and Malaysia
Purchasing Power Parity theory in exchange rate determination: evidences from the G-20 nations
Assessment of external macroeconomic imbalances in Romania
Remittances and domestic demand: evidence from Romania
How do energy consumption, natural resources, trade openness and FDI affect environmental quality in Algeria? Fresh insights from the novel DYNARDL simulations and KRLS approach
The acceleration of education: professors, AI platforms and the transformation of learning and human growth
Poverty, unemployment, and mental health: differential impacts among university graduates in Kenya, South Africa, Uganda, and Zambia
Assessing the relationship between institutions and economic development
Cedi depreciation and petroleum price shocks: economic interlinkages and macroeconomic implications
Effects of climate change on food security and sustainable development in Saudi Arabia: Autoregressive Distributed Lag approach
Corruption in digital environments
Beyond linearity: an ARDL threshold analysis of inflation's impact on Tanzania's economic growth from 1994 to 2024
Sustainable consumption and experimental economics – a bibliometric analysis
Heterogeneous and dynamic impacts of growth, urbanization, deforestation, and energy intensity on environmental degradation in Africa using the MM-Quantile regression method
Institutional governance in developing countries, political factors as drivers of institutional change: evidence from sub-Saharan Africa