The impact of remittances on human capital in Sub-Saharan countries
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...
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Main Authors: | , |
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Format: | Article |
Published: |
International Foundation for Research and Development
2023
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Online Access: | http://psasir.upm.edu.my/id/eprint/109154/ https://ojs.amhinternational.com/index.php/imbr/article/view/3475 |
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Summary: | 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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