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: Chong, Siew Huay, Bani, Yasmin
Format: Article
Published: International Foundation for Research and Development 2023
Online Access:http://psasir.upm.edu.my/id/eprint/109154/
https://ojs.amhinternational.com/index.php/imbr/article/view/3475
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spelling my.upm.eprints.1091542024-08-27T07:55:19Z http://psasir.upm.edu.my/id/eprint/109154/ The impact of remittances on human capital in Sub-Saharan countries Chong, Siew Huay Bani, Yasmin 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. International Foundation for Research and Development 2023-09 Article PeerReviewed 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 https://ojs.amhinternational.com/index.php/imbr/article/view/3475 10.22610/imbr.v15i3(si).3475
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
description 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.
format Article
author Chong, Siew Huay
Bani, Yasmin
spellingShingle Chong, Siew Huay
Bani, Yasmin
The impact of remittances on human capital in Sub-Saharan countries
author_facet Chong, Siew Huay
Bani, Yasmin
author_sort Chong, Siew Huay
title The impact of remittances on human capital in Sub-Saharan countries
title_short The impact of remittances on human capital in Sub-Saharan countries
title_full The impact of remittances on human capital in Sub-Saharan countries
title_fullStr The impact of remittances on human capital in Sub-Saharan countries
title_full_unstemmed The impact of remittances on human capital in Sub-Saharan countries
title_sort impact of remittances on human capital in sub-saharan countries
publisher International Foundation for Research and Development
publishDate 2023
url http://psasir.upm.edu.my/id/eprint/109154/
https://ojs.amhinternational.com/index.php/imbr/article/view/3475
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