I am working on "Remittance dynamic in Sri Lanka", to test the dynamic impact of the remittances in Sri Lanka. In this research, i have panned to use the growth theory as the theory part of my research. Is it correct or not
Yes dear you can. I would suggest and the famous AK model with a reference country or region economic growth especially from where Sri Lanka is getting most of its remittances. Please find this paper and read carefully "Endogenous growth in México:
Yes, You can use Foreign capital and growth theory -since Harrod Domar -Saving Gap -Foreign Exchange Gap and Two Gap designed by Chenery a and Strout in 1960s and Third Gap developed by the Bacha and Tayor, . Withou theoretical justification one can not justify the impact of foreign capital in an economy. For better model on remittances you can consult