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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: 26 Oct 2020 *

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