Immigration remittances, agricultural investment, and household wealth accumulation

Zhiming Yu, Kaihua Zhang, Zeyu Wang and Chen Liu

Finance Research Letters, 2024, vol. 68, issue C

Abstract: In this study, we will focus on examining how migrant remittances promote agricultural investment and increase household wealth accumulation. We find that migrant remittances have a positive effect on agricultural investment and household wealth accumulation. At the same time, we find that education levels have a moderating effect on migrant remittances, enhancing their impact on agricultural investment and household wealth. We also find that remittances can help, especially when the household situation is worse. On this basis, policymakers should simplify the procedures for migrants to send money, increase the channels for remittances, and make it more convenient. At the same time, education levels, especially financial literacy, should be improved, which will facilitate increased investment in agriculture and household wealth accumulation..

Keywords: Immigration remittances; Agricultural investment; Household wealth accumulation (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:68:y:2024:i:c:s1544612324010213

DOI: 10.1016/j.frl.2024.105991

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