Do migrant remittances promote human capital formation? Evidence from 89 developing countries
The few published empirical studies on the effect of migrant remittances on educational attainments are roughly based on cross-sectional microdata from household surveys. This paper applies the generalised method of moments (GMM) estimator on aggregate level data from 1970 to 2010 in five-year inter...
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Format: | Article |
Language: | English |
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Routledge
2013
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Online Access: | http://psasir.upm.edu.my/id/eprint/28338/1/Do%20migrant%20remittances%20promote%20human%20capital%20formation.pdf |
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author | Ngoma, Abubakar Lawan Ismail, Normaz Wana |
author_facet | Ngoma, Abubakar Lawan Ismail, Normaz Wana |
author_sort | Ngoma, Abubakar Lawan |
collection | UPM |
description | The few published empirical studies on the effect of migrant remittances on educational attainments are roughly based on cross-sectional microdata from household surveys. This paper applies the generalised method of moments (GMM) estimator on aggregate level data from 1970 to 2010 in five-year intervals to examine the impact of migrant remittances on human capital formation in 89 developing countries. The estimation results show that, on average, an increase in migrant remittance inflows by 1% is associated with a 2% rise in years of schooling at both the secondary and tertiary levels. This suggests that migrant remittances have the potential to relax liquidity constraints and generate spillover effects that facilitate more schooling opportunities in remittance-receiving countries. |
first_indexed | 2024-03-06T08:11:04Z |
format | Article |
id | upm.eprints-28338 |
institution | Universiti Putra Malaysia |
language | English |
last_indexed | 2024-03-06T08:11:04Z |
publishDate | 2013 |
publisher | Routledge |
record_format | dspace |
spelling | upm.eprints-283382015-12-07T08:39:47Z http://psasir.upm.edu.my/id/eprint/28338/ Do migrant remittances promote human capital formation? Evidence from 89 developing countries Ngoma, Abubakar Lawan Ismail, Normaz Wana The few published empirical studies on the effect of migrant remittances on educational attainments are roughly based on cross-sectional microdata from household surveys. This paper applies the generalised method of moments (GMM) estimator on aggregate level data from 1970 to 2010 in five-year intervals to examine the impact of migrant remittances on human capital formation in 89 developing countries. The estimation results show that, on average, an increase in migrant remittance inflows by 1% is associated with a 2% rise in years of schooling at both the secondary and tertiary levels. This suggests that migrant remittances have the potential to relax liquidity constraints and generate spillover effects that facilitate more schooling opportunities in remittance-receiving countries. Routledge 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28338/1/Do%20migrant%20remittances%20promote%20human%20capital%20formation.pdf Ngoma, Abubakar Lawan and Ismail, Normaz Wana (2013) Do migrant remittances promote human capital formation? Evidence from 89 developing countries. Migration and Development, 2 (1). pp. 106-116. ISSN 2163-2324; ESSN: 2163-2332 10.1080/21632324.2013.786883 |
spellingShingle | Ngoma, Abubakar Lawan Ismail, Normaz Wana Do migrant remittances promote human capital formation? Evidence from 89 developing countries |
title | Do migrant remittances promote human capital formation? Evidence from 89 developing countries |
title_full | Do migrant remittances promote human capital formation? Evidence from 89 developing countries |
title_fullStr | Do migrant remittances promote human capital formation? Evidence from 89 developing countries |
title_full_unstemmed | Do migrant remittances promote human capital formation? Evidence from 89 developing countries |
title_short | Do migrant remittances promote human capital formation? Evidence from 89 developing countries |
title_sort | do migrant remittances promote human capital formation evidence from 89 developing countries |
url | http://psasir.upm.edu.my/id/eprint/28338/1/Do%20migrant%20remittances%20promote%20human%20capital%20formation.pdf |
work_keys_str_mv | AT ngomaabubakarlawan domigrantremittancespromotehumancapitalformationevidencefrom89developingcountries AT ismailnormazwana domigrantremittancespromotehumancapitalformationevidencefrom89developingcountries |