ABSTRACT
We use a time-series dataset to examine the relationship between remittances and calorie intake in Bangladesh over the period between 1976 and 2013. We employ the Johansen cointegration and Toda-Yamamoto causality tests and arrive at two key results. First, we find evidence of long run cointegration between remittances, calorie consumption, and other control variables. Second, the Toda-Yamamoto test supports the finding of unidirectional causality, running from remittances to calorie intake. Our results have important policy implications for Bangladesh and other remittance-receiving developing countries.
Acknowledgements
I acknowledge valuable input from Emily J. Hutchison and Adian McFarlane.
Disclosure statement
No potential conflict of interest was reported by the author(s).
Data availability statement
The dataset is available upon request.
Notes
1 The ARDL test produces two cointegrating relationships.