Do Migrant Remittances Affect Household Purchases of Physical Investments and Durable Goods? Evidence for Kenya

Farai Jena

Working Paper Series from Department of Economics, University of Sussex Business School

Abstract: This paper investigates the impact of remittances on household decisions to purchase physical investments and durable goods in Kenya using household survey data. Remittances are found to be endogenous in the durable goods case and their effects are estimated using bivariate and IV probit models. In the physical investments case, remittances are found to be exogenous and remittance effects are estimated using univariate probit models. The evidence obtained is supportive of remittances having a positive and significant effect on the decisions by households to purchase physical investments and durable goods.

Keywords: migrant remittances; household expenditure; physical investments; durable goods (search for similar items in EconPapers)
JEL-codes: D12 (search for similar items in EconPapers)
Date: 2015-09
New Economics Papers: this item is included in nep-dev and nep-mig
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sussex.ac.uk/economics/documents/wps-79-2015.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sus:susewp:7915

Access Statistics for this paper

More papers in Working Paper Series from Department of Economics, University of Sussex Business School Contact information at EDIRC.
Bibliographic data for series maintained by University of Sussex Business School Communications Team ().