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The impact of remittances on human capital in Sub-Saharan countries


Citation

Chong, Siew Huay and Bani, Yasmin (2023) The impact of remittances on human capital in Sub-Saharan countries. Information Management and Business Review, 15 (3 (SI)). pp. 172-178. ISSN 2220-3796

Abstract

This study has examined the impact of remittances on human capital based on 23 Sub-Saharan countries (SSA) from 1981 to 2010. Our primary contribution lies in demonstrating that remittances have a positive impact on the enhancement of human capital in these SSA countries. The results indicate that a 1 percent increase in remittances leads to a 0.26 percent rise in the average years of schooling. To ensure the credibility of our findings, we employ a Generalized Method of Moments (GMM) approach to control for the endogeneity of remittances and human capital in our empirical analysis.


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Additional Metadata

Item Type: Article
Divisions: Universiti Putra Malaysia
DOI Number: https://doi.org/10.22610/imbr.v15i3(si).3475
Publisher: International Foundation for Research and Development
Keywords: Remittances; Human capital; Developing countries
Depositing User: Ms. Nur Faseha Mohd Kadim
Date Deposited: 27 Aug 2024 07:55
Last Modified: 27 Aug 2024 07:55
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.22610/imbr.v15i3(si).3475
URI: http://psasir.upm.edu.my/id/eprint/109154
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