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Indian Journal of Economics and Development
Year : 2022, Volume : 18, Issue : 4
First page : ( 860) Last page : ( 867)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.35716/IJED/22279

Empirical analysis of migration for economic development: A new evidence of Pakistani Migrants in Saudi Arabia

Khan Hashmat Ullah1, Yu Shan2, Rehman Faheem Ur3,*

1Post-Doctoral Researcher, Institute of Middle Eastern Studies, Northwest University, Xi'an (China)

2School of Economics, Jilin University, Changchun, Jilin (China)

3Business School, Ningbo Tech University, Zhejiang (China)

*Corresponding author's email: faheem787@yahoo.com

Online published on 4 February, 2023.

Abstract

The empirical results showed co-integration and a causal connection between migration and economic development. The empirical data confirmed that migration undoubtedly encouraged economic development to go out global. The connection between migration and economic development was a good sign for Pakistan to encourage its residents to migrate to Saudi Arabia for the economic outcome. It played a role in developing the country's economy. The control variables of institutions quality, infrastructure and per capita GDP increase the strength of co-integration between migration and economic development, which played a vital role in the promotion of the two variables studied.

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Keywords

Co-integration, Economic development, Labour, Migration.

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