The impact of migrant remittances on economic development: Empirical evidence from the developing world (Record no. 531010)
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| 000 -LEADER | |
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| fixed length control field | 02273nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 250723b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Khan, Muhammad Azam |
| 245 ## - TITLE STATEMENT | |
| Title | The impact of migrant remittances on economic development: Empirical evidence from the developing world |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Journal of Social and Economic Development |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 27(1), Apr, 2025: p.323-351 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Given the growing interest in the role of remittance inflows in economic development in developing countries, this study aims to explore the impact of migrant remittances on human capital, as measured by per capita health expenditures and gross secondary school enrollment, as well as on economic growth measured through real GDP per capita. The study utilizes pooled cross-country annual panel balanced data to investigate the role of remittances from 1995 to 2020 in 61 developing nations. The fixed-effects estimator is preferred over the random-effects estimator based on the Hausman test. Additionally, the two-step generalized method of moments is implemented for a robustness check. The empirical results reveal that remittance inflows have a significant impact on education and health despite positive impact of migrant remittances on economic growth, thereby confirming the positive contribution of migrant remittances to the economic development of developing economies. Migrant remittances have the greatest impact on health in upper–middle-income countries, followed by that in low-income and middle-income countries in the sub-sample analysis. The impact of remittances on education is the highest in low-income countries, followed by that in middle-income and upper–middle-income countries. These findings from a policy perspective suggest the allocation of remittance inflows into sectors that bolster economic development and improve social welfare. The study suggests developing economies to formulate effective policies for diverting remittances to productive sectors.- Reproduced https://link.springer.com/article/10.1007/s40847-024-00329-5 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Migrants’ remittances, Human capital, Economic growth, Traditional estimators, GMM, Developing world. |
| 9 (RLIN) | 55595 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Journal of Social and Economic Development |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2025-07-23 | 27(1), Apr, 2025: p.323-351 | AR136765 | 2025-07-23 | Articles |