An Asymmetric Investigation of Remittance and Trade Openness Impact on Inequality: Evidence From Selected South Asian Countries.

ABSTRACT: This study's motivation is to explore the relationship pattern between remittance, trade openness, and inequality of selected south Asian countries for the 1976-2018 period. The study performed non-linear tests, including unit root tests, non-linearity applying ordinary least squares (OLS) and BDS tests, non-linear autoregressive distributed lagged (NARDL) tests, and asymmetry causality tests to assess their association. Study findings with non-linear unit root tests suggest that the research variables follow the non-linear process of becoming stationary from non-stationary. The non-linear OLS and BDS test results confirm the existence of non-linearity among research variables, implying rejection of the null hypothesis of "no non-linearity." Furthermore, the results of the Wald test in NAR

SUBMITTER: Fang L 

PROVIDER: S-EPMC8531648 | biostudies-literature | 2021

REPOSITORIES: biostudies-literature