Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/149439
Authors: 
Bansak, Cynthia
Chezum, Brian
Giri, Animesh
Year of Publication: 
2015
Citation: 
[Journal:] IZA Journal of Migration [ISSN:] 2193-9039 [Volume:] 4 [Year:] 2015 [Pages:] 1-19
Abstract: 
A heightened interest in understanding the remitting practices of immigrants and their impact on a variety of economic indicators has emerged as remittances to developing countries have risen substantially over the past decade. If remittances primarily enhance consumption, they may have no lasting impact on economic growth. However, through asset accumulation and human capital investment, remittances may serve as a vehicle for growth. In this paper, we use the 2010 Nepal Living Standards Survey III (NLSS III) to examine how remittances affect household expenditures on human capital investment. Overall, our findings suggest that at the margin, remittances do contribute to human capital investment, but this effect varies substantially by school quality within Nepal. In addition, our results indicate that internal remittances (remittances from household members migrating internally) have a greater impact on education than do external remittances. We posit that this may be due to a higher value placed on Nepali education by internal migrants as compared to the education needed for foreign job opportunities by migrants abroad.
Subjects: 
Remittance
Education
Migration
JEL: 
J61
I25
F22
F24
H52
O15
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Article
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