Worker Remittances, CO2 Emissions and their Impact on Economic Growth: A Case of Pakistan
DOI:
https://doi.org/10.54938/ijemdss.2026.05.1.738Keywords:
Remittances, CO2 Emission, impacts, economic growthAbstract
This study examines the impact of worker remittances and CO₂ emissions on economic growth in Pakistan using time-series data from 2000 to 2020 obtained from the World Bank. The study employs a regression model, with GDP as the dependent variable and remittances and CO₂ emissions as independent variables. The results show that worker remittances have a statistically significant positive effect on economic growth, indicating their important role in enhancing income and investment. In contrast, CO₂ emissions have no significant impact on GDP during the study period. The findings suggest that policies that facilitate remittance inflows and strengthen financial systems can support economic growth while promoting environmentally sustainable development. The government should provide these workers with unconditional banking facilities. Through banks, it can provide loans to companies to install environmentally friendly technology, such as chimneys, recycling plants, and reusable plants, and to adopt waste management techniques.
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