Determinants of Workers’ Remittances in Bangladesh: An Empirical Study

Barua, Shubhasish; Majumder, Md. Alauddin

doi:10.2139/ssrn.1398690

Cited by 31 publications

(29 citation statements)

References 8 publications

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“…There are, however, a few microeconomic determinants of remittance like the size of the household of the remitter, sex of the migrant etc. Barua (2007) conducted an empirical study in which it has been deduced that there is a positive correlation between income differential of home and host country and inflow of remittance. On the other hand inflation differential shows the opposite relation.…”

Section: Source Of Remittancementioning

confidence: 99%

Driving Forces of Remittance Inflow in Bangladesh: An Empirical Study

Islam¹,

Nasrin²

2015

IJEF

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This paper empirically investigates the major driving forces of remittance inflow in Bangladesh. Using annual data over the period from 1977 to 2011 the paper concludes that gross domestic products of host country and domestic country, exchange rate, petroleum price and skill of labour significantly influence remittance inflow in Bangladesh. One finding of the research is that skilled labour force rather sends smaller amount of remittance to the home country than the unskilled labour. This is due to the fact that skilled people do not maintain close tie with the home country because they often take their families with them to foreign countries where they work. Because of narrow opportunities, unskilled labour cannot take their families with them and hence send money to their families. The study also identifies the reason behind migration of manpower from Bangladesh to foreign countries. Presence of surplus labour, slim job opportunity, unfavourable working environment, poor wage rate, inadequate social security and political instability largely induce people to migrate abroad.

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Section: Source Of Remittancementioning

confidence: 99%

Driving Forces of Remittance Inflow in Bangladesh: An Empirical Study

Islam¹,

Nasrin²

2015

IJEF

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“…Workers' remittances have an ever important role as one of the major sources of foreign exchange earnings for Bangladesh economy. Barua, Majumder, and Akhtaruzzaman (2005) explore the macroeconomic determinants of inflow of workers' remittances in the context of Bangladesh. Beaudouin (2006) shows the positive impact of migration on the development of rural areas in Bangladesh.…”

Section: Introductionmentioning

confidence: 99%

Impact of remittance on consumption and savings behavior in rural areas of Bangladesh

Haider

Hossain

Siddiqui

2016

JOB

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This study measures the impact of remittance on consumption and savings behavior though surveying rural households in Bangladesh. It uses hypothesis testing to compare consumption and savings behavior and path model analysis to trace out the impact of remittance on household level consumption and savings behavior in rural areas of Bangladesh. The remittance receiver households receive US$ 358 monthly remittance on an average. The average monthly food expenditure, aggregate expenditure and savings of a remittance receiver household are about US $28, $32 and $10 higher than that of a non-receiver household. The path model analysis findings indicate that remittance has a statistically significant positive impact on attributing food and aggregate consumption expenditure in addition to savings. Therefore, this study concludes that remittance plays an important role in attributing consumption and savings behavior in the selected rural areas of the south-west region of Bangladesh. However, further study addressing randomness in the sample selection process with wider sample and study area coverage might enhance the robustness of the study findings. This is an open access article under the terms of the Creative Commons Attribution License 4.0, which allows use, distribution and reproduction in any medium, provided the original work is properly cited.

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“…Third, Barua et al (2007) argued that, remittances can also generate employment domestically through the reinvestment of remittances-induced national savings, capital accumulation, and investment. So, there is direct, trickle down, and indirect benefits of remittances for many of the developing countries.…”

Section: Introductionmentioning

confidence: 99%

Remittance and domestic labor productivity: Evidence from remittance recipient countries

et al. 2015

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For countries with significant labor force like China, India, Bangladesh, Pakistan etc. any longrun growth strategy should focus on augmenting the domestic labor productivity. The advent of globalization and factor mobility has given a recipe to reap up gains from labor abundance for most of the labor abundant countries by strategically converting abundant labor into capital. However, remittance inflow may become counterproductive strategy for growth, if it is viewed within the work-leisure framework. Using heterogeneous non-stationary panel data with crosssectional bias this empirical study explores the best fitted estimator to explain remittance and labor productivity dynamics for 21 top remittance recipient countries of the world. Our results suggest that though remittance has a positive impact on domestic labor productivity; however, there is new evidence that such impact diminishes after certain level.

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Determinants of Workers’ Remittances in Bangladesh: An Empirical Study

Cited by 31 publications

References 8 publications

Driving Forces of Remittance Inflow in Bangladesh: An Empirical Study

Driving Forces of Remittance Inflow in Bangladesh: An Empirical Study

Impact of remittance on consumption and savings behavior in rural areas of Bangladesh

Remittance and domestic labor productivity: Evidence from remittance recipient countries

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