Migrant Remittances and Health Outcomes in the West Africa Monetary Zones (WAMZ)
This study investigated the impact of international migrant remittances on life expectancy rate for countries of West Africa Monetary Zones (WAMZ). Panel data set for the period (1990-2020) were used for the analysis. The study estimated pooled ordinary least square, fixed effect models, random effe...
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| Format: | Article |
| Language: | English |
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Editura ASE Bucuresti
2021-09-01
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| Series: | Romanian Economic Journal |
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| Online Access: | http://www.rejournal.eu/article/migrant-remittances-and-health-outcomes-west-africa-monetary-zones-wamz-0 |
| _version_ | 1818980685188169728 |
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| author | Iseghohi Judith Omon |
| author_facet | Iseghohi Judith Omon |
| author_sort | Iseghohi Judith Omon |
| collection | DOAJ |
| description | This study investigated the impact of international migrant remittances on life expectancy rate for countries of West Africa Monetary Zones (WAMZ). Panel data set for the period (1990-2020) were used for the analysis. The study estimated pooled ordinary least square, fixed effect models, random effect models and pooled mean group estimate. The pooled mean group estimates showed that migrant remittance as a share of the gross domestic product has significant positive impact on life expectancy rate in both short and long-run. The result showed that in the, a 1% increase in migrant remittance as a share of the GDP will cause life expectancy rate to rise by 4.003% in the short-run, but 9.896% in the long-run. Other factors which include per capita income, HIV/AIDS and out-of-pocket health spending all significantly influence life expectancy rate at birth. We recommend that policies should be articulated that will incentivize remitting money home, and that the costs of remitting money home should be made less, while the channels improved on. |
| first_indexed | 2024-12-20T17:19:21Z |
| format | Article |
| id | doaj.art-56f20f1da51347e6b822dc0ae16b6738 |
| institution | Directory Open Access Journal |
| issn | 1454-4296 2286-2056 |
| language | English |
| last_indexed | 2024-12-20T17:19:21Z |
| publishDate | 2021-09-01 |
| publisher | Editura ASE Bucuresti |
| record_format | Article |
| series | Romanian Economic Journal |
| spelling | doaj.art-56f20f1da51347e6b822dc0ae16b67382022-12-21T19:31:54ZengEditura ASE BucurestiRomanian Economic Journal1454-42962286-20562021-09-01XXIV81153210.24818/REJ/2021/81/02Migrant Remittances and Health Outcomes in the West Africa Monetary Zones (WAMZ)Iseghohi Judith Omon0Department of Economics, Faculty of Social Sciences, University of Benin, Edo State, Nigeria. e-mail : judithiseghohi@yahoo.comThis study investigated the impact of international migrant remittances on life expectancy rate for countries of West Africa Monetary Zones (WAMZ). Panel data set for the period (1990-2020) were used for the analysis. The study estimated pooled ordinary least square, fixed effect models, random effect models and pooled mean group estimate. The pooled mean group estimates showed that migrant remittance as a share of the gross domestic product has significant positive impact on life expectancy rate in both short and long-run. The result showed that in the, a 1% increase in migrant remittance as a share of the GDP will cause life expectancy rate to rise by 4.003% in the short-run, but 9.896% in the long-run. Other factors which include per capita income, HIV/AIDS and out-of-pocket health spending all significantly influence life expectancy rate at birth. We recommend that policies should be articulated that will incentivize remitting money home, and that the costs of remitting money home should be made less, while the channels improved on.http://www.rejournal.eu/article/migrant-remittances-and-health-outcomes-west-africa-monetary-zones-wamz-0remittanceshealth outcomeswest africa monetary zone |
| spellingShingle | Iseghohi Judith Omon Migrant Remittances and Health Outcomes in the West Africa Monetary Zones (WAMZ) Romanian Economic Journal remittances health outcomes west africa monetary zone |
| title | Migrant Remittances and Health Outcomes in the West Africa Monetary Zones (WAMZ) |
| title_full | Migrant Remittances and Health Outcomes in the West Africa Monetary Zones (WAMZ) |
| title_fullStr | Migrant Remittances and Health Outcomes in the West Africa Monetary Zones (WAMZ) |
| title_full_unstemmed | Migrant Remittances and Health Outcomes in the West Africa Monetary Zones (WAMZ) |
| title_short | Migrant Remittances and Health Outcomes in the West Africa Monetary Zones (WAMZ) |
| title_sort | migrant remittances and health outcomes in the west africa monetary zones wamz |
| topic | remittances health outcomes west africa monetary zone |
| url | http://www.rejournal.eu/article/migrant-remittances-and-health-outcomes-west-africa-monetary-zones-wamz-0 |
| work_keys_str_mv | AT iseghohijudithomon migrantremittancesandhealthoutcomesinthewestafricamonetaryzoneswamz |