External demand raises Nepal's remittance-to-GDP ratio in the long run while tighter domestic monetary conditions lower it, with an error-correction model showing 26% annual adjustment toward equilibrium.
The economics of migrants’ remittances.Handbook of the economics of giving, altruism and reciprocity, 2:1135–1198, 2006
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External Demand, Domestic Monetary Conditions, and Remittance Dynamics in Nepal
External demand raises Nepal's remittance-to-GDP ratio in the long run while tighter domestic monetary conditions lower it, with an error-correction model showing 26% annual adjustment toward equilibrium.