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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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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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 |
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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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Article |
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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 |
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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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