Title: Remittance and education in recipient countries: an interdependence
Authors: Md. Abdur Rahman Forhad; Gazi Mahabubul Alam
Addresses: Economic and Public Policy Research Group, Department of Humanities and Social Sciences, Dhaka University of Engineering and Technology, Gazipur, Bangladesh ' Department of Economics, East West University, Dhaka, Bangladesh; Faculty of Educational Studies, University Purta Malaysia, Serdang, Malaysia
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.
Keywords: remittance; education; migration; remittance recipient country; developed country; developing country; simultaneous effects.
DOI: 10.1504/IJEED.2021.111656
International Journal of Education Economics and Development, 2021 Vol.12 No.1, pp.61 - 78
Received: 16 Jan 2020
Accepted: 26 Mar 2020
Published online: 07 Dec 2020 *