Remittance and education in recipient countries: an interdependence Online publication date: Mon, 07-Dec-2020
by Md. Abdur Rahman Forhad; Gazi Mahabubul Alam
International Journal of Education Economics and Development (IJEED), Vol. 12, No. 1, 2021
Abstract: This study examines simultaneous effects between remittance-inflow and education in recipient countries. We employ a three-stage least squares (3SLS) method and find that education and remittance have positive influences on each other. We also find that tertiary education has a higher impact on remittance than secondary education, and remittance has a higher influence on secondary education in recipient countries.
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