Journal of Finance and Economics
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Journal of Finance and Economics. 2017, 5(4), 156-163
DOI: 10.12691/jfe-5-4-1
Open AccessArticle

Impact of Remittances on Consumption and Investment (Case Study of Tehsil Sargodha, Punjab, Pakistan)

Waqas Javaid1,

1Umea University Sweden, Germany

Pub. Date: July 01, 2017

Cite this paper:
Waqas Javaid. Impact of Remittances on Consumption and Investment (Case Study of Tehsil Sargodha, Punjab, Pakistan). Journal of Finance and Economics. 2017; 5(4):156-163. doi: 10.12691/jfe-5-4-1

Abstract

This paper investigates the impact of remittances (internal and external) on consumption and investment behavior of the households. The literature on the impact of remittances on consumption and investment, however, is exceptional, in context of Pakistan. To examine the impact of remittances, primary data was collected from the field survey of four main villages of Tehsil Sargodha (Punujab) Pakistan. The methodology used for the study, is regression model. The results show that remittances has positively related with consumption and investment. Furthermore, the study found the household behavior regarding consumption and investment is positive.

Keywords:
worker remittance foreign direct investment official development assistance growth Pakistan

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