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
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author Chong, Siew Huay
Bani, Yasmin
author_facet Chong, Siew Huay
Bani, Yasmin
author_sort Chong, Siew Huay
collection UPM
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.
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institution Universiti Putra Malaysia
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spelling 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
spellingShingle Chong, Siew Huay
Bani, Yasmin
The impact of remittances on human capital in Sub-Saharan countries
title 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_short The impact of remittances on human capital in Sub-Saharan countries
title_sort impact of remittances on human capital in sub saharan countries
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