Impact of Workers’ Remittances on Human Capital in Least Developed Countries in ECOWAS

• 발행기관: 한국무역연구원
• 저자명: Nsia Daudi Mabula Utai Uprasen
• 간행물 정보: 『무역연구』제16권 제6호, 295~310쪽, 전체 16쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2020.12.30

영문 초록

Purpose - This paper intends to investigate the impact of workers’ remittances on human capital (HC) in least developed countries (LDCs) in the Economic Community of West African States (ECOWAS). Design/Methodology/Approach - This study made use of balanced panel data from 2000 to 2018. It employs two-stage least squares (2SLS) on equations that contain the endogeneity problem and it employs the Fixed or Random Effects model, based on the Hausman test results, on equations without endogeneity problems. Findings - Empirical results portray statistically significant relationships between remittances and health outcomes. While remittances reduce mortality rate and undernourished prevalence, they raise life expectancy. For education outcomes, they raise tertiary enrollment. However, there is no significant impact of remittances on primary and secondary enrollment and also on completion rate. Research Implications - Existing studies in the case of Sub-Saharan Africa (SSA) region mostly focus on the impact of remittances on economic growth, income inequality and poverty. There is a scarcity of studies that focus on the impact of remittances on HC of LDCs in the ECOWAS. In addition, the existing works do not address the endogeneity problem in their studies. Consequently, our work takes the endogeneity problem into account in the estimations.

목차

Ⅰ. Introduction

Ⅱ. Patterns of Remittances to ECOWAS

Ⅲ. Literature Review

Ⅳ. Methodology

Ⅴ. Empirical Results

Ⅵ. Conclusion

References

키워드

2SLS ECOWAS Human Capital Remittances