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<front>
<journal-meta>
<journal-id journal-id-type="publisher">global-journal-of-management-and-business-research</journal-id>
<journal-title-group>
<journal-title>Global Journal of Management and Business Research</journal-title>
</journal-title-group>
<issn publication-format="print">0975-5853</issn>
<issn publication-format="electronic">2249-4588</issn>
<publisher><publisher-name>Global Journals Publishing Group Incorporated</publisher-name></publisher>
<self-uri xlink:href="https://globaljournals.org/journal-seo-export/jats/56315.xml" />
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<article-meta>
<article-id pub-id-type="publisher-id">56315</article-id>
<title-group>
<article-title>The Impact of Remittances from Overseas Workers on Economic Expansion at Home: Evidence from Bangladesh</article-title>
<subtitle>Remittances and Economic Growth in Bangladesh</subtitle>
</title-group>
<contrib-group>
<contrib contrib-type="author"><name><surname>Hasan</surname><given-names>Mahadi ,</given-names></name><xref ref-type="aff" rid="aff1" />
</contrib>
<contrib contrib-type="author"><name><surname>Islam</surname><given-names>Md. Saiful</given-names></name></contrib>
<contrib contrib-type="author"><name><surname>Fouzder</surname><given-names>Hillol</given-names></name></contrib>
</contrib-group>
<aff id="aff1">BANGLADESH, Rupali Bank Limited, University of Barishal, Jatiya Kabi Kazi Nazrul Islam University, Mymensingh, Bangladesh.</aff>
<pub-date publication-format="electronic" date-type="pub" iso-8601-date="2022-07-12">
<day>12</day>
<month>07</month>
<year>2022</year>
</pub-date>
<volume>22</volume>
<issue>B3</issue>
<fpage>21</fpage>
<lpage>28</lpage>
<abstract><p>The purpose of this research is to determine whether or not the money that Bangladeshi migrant workers send back to their families has an impact on the overall pace of economic growth in Bangladesh. The multiple regression model is used as an analytical technique in this study to estimate yearly timeseries data and parameters from 1999 to 2021. The study covers the time period from 1999 to 2021. The data from realworld applications provides credence to the theory that there is a significant and beneficial connection between the money that migrant workers send back to their families and the expansion of the economy. Other alterations in rules, such as those concerning gross capital creation and the size of the labor force, are also statistically significant. However, direct foreign investment is not included in these alterations. This article examines some significant research that demonstrates the significance of remittances sent by migrant workers as a means of contributing to the expansion of the economy. In addition, the length of the research, the estimating methodologies that were employed, as well as the variability of the controls, were all different from those that were used in prior studies. In conclusion, the empirical findings that have been developed are quite sound.</p></abstract>
<kwd-group kwd-group-type="author-generated">
<kwd>remittances</kwd>
<kwd>migrant workers</kwd>
<kwd>economic growth</kwd>
<kwd>capital creation.</kwd>
</kwd-group>
<self-uri content-type="pdf" xlink:href="https://globaljournals.org/GJMBR_Volume22/3-The-Impact-of-Remittances.pdf" />
<self-uri content-type="html" xlink:href="https://globaljournals.org/scholarly-articles/the-impact-of-remittances-from-overseas-workers-on-economic-expansion-at-home-evidence-from-bangladesh/" />
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<p>The goal of this study is to find out how the money that migrant workers from Bangladesh send home affects the country&#039;s overall rate of economic growth. This study makes use of the multiple regression model as an analytical strategy for estimating yearly time-series data and parameters from 1999 to 2021. The real-world evidence supports the idea that there is a strong positive link between the money that migrant workers send home and the growth of the economy. Other changes in regulations, like those about gross capital creation and the size of the labor force, are also statistically significant, but they don&#039;t include direct foreign investment. This article looks at some important research that shows how important remittances sent by migrant workers are as a way to grow the economy. In addition, the variability of the controls, the length of the research, and the estimating methods used are all different from those used in earlier studies. In conclusion, the empirical findings that have been developed are quite sound.</p>
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