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Remittance and education in recipient countries: an interdependence

Md. Abdur Rahman Forhad and Gazi Mahabubul Alam

International Journal of Education Economics and Development, 2021, vol. 12, issue 1, 61-78

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. (search for similar items in EconPapers)
Date: 2021
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