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. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …-à-vis financial access and depth, inefficiencies characterising Africa's financial institution is the main reason remittances …The study employs macro data on 42 African countries to examine whether remittances and financial development …
Persistent link: https://www.econbiz.de/10013257108
remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …
Persistent link: https://www.econbiz.de/10014265891
The paper assesses how remittances directly and indirectly affect industrialisation in a panel of 49 African countries … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10011542423
The paper assesses how remittances directly and indirectly affect industrialisation us ing a panel of 49 African … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10011998019
This paper investigates the impact of remittances on poverty and inequality in Nigeria. In contrast to the existing … impact of remittances for households at different levels of the conditional expenditure distribution. Furthermore, in tracing … this heterogeneous impact, we are able to address the effect of remittances on poverty and inequality simultaneously in a …
Persistent link: https://www.econbiz.de/10011821199
remains mostly underdeveloped. The altruistic motives of sending remittances to Africa are likely to fade with time. In this …African nations have in time, passed over-relied on remittances inflow to augment domestic finances needed for growth …. Despite the volume and magnitude of remittances that have to serve as an alternative source of investment financing, African …
Persistent link: https://www.econbiz.de/10012603078
Despite the magnitude of remittances as an alternative source of investment financing in Africa, the financial sector … examine the structural linkages between remittances and financial sector development in Africa. Panel data on indices of … in Africa has significantly remained underdeveloped and unstable. Finding a solution to Africa's financial deregulation …
Persistent link: https://www.econbiz.de/10012304906
Sub-Saharan Africa (SSA) countries from 1980-2010. We find that remittances directly increase output per worker if …This paper uses a production function to examine the channels through which remittances affect output per worker in 31 … remittances have increased human capital among the low-income nations, among the upper-middle-income nations, they have mostly …
Persistent link: https://www.econbiz.de/10011409201
114 countries during 2009-2011, we find that both having family members abroad and receiving remittances are positively … remittances are particularly beneficial for evaluative well-being in less developed and more unequal contexts; in richer countries …, only the out-migration of family members is positively associated with life evaluations, while remittances have no …
Persistent link: https://www.econbiz.de/10011821194
In this paper, I measure the importance of remittances and financial development for developing countries. I estimate … channel for remittances to affect economic growth. The index brings together information from existing measures, reflecting … the more financial development in a country, the smaller becomes the impact of remittances on economic growth and it can …
Persistent link: https://www.econbiz.de/10011346094