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Regan Deonanan and Benjamin Ramkissoon

Remittances and Economic Development: Evidence from the Caribbean


This article empirically examines whether and how remittances impact
economic development in eleven Caribbean countries over the period
1975–2011. We employ the bounds test and ARDL framework to assess the
existence of long-run relationships and causality, and adopt a countryspecific
approach to accommodate differences among countries. We find
evidence of heterogeneous long-run causal relationships in seven
countries. Our findings contradict recent studies on the developmental

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Energy Consumption and Economic Development in Caribbean SIDS


This article examines the direction of causality between energy
consumption and economic development in thirteen Caribbean small
island developing states, using annual data from 1980 to 2011. We
estimate a multivariate model that includes environmental emissions and
we utilise the Toda-Yamamoto approach to Granger causality testing to
determine causal links in each country. We find evidence of four different
types of causal relationships. These results have implications for

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