Investment Expenditure Behavior of Remittance Receiving Households: An Analysis Using Reserve Bank of India Data

Bharati Basu and Irudaya Rajan
Additional contact information
Bharati Basu: Central Michigan University, United States
Irudaya Rajan: Centre for Development Studies, Kerala, India

Migration Letters, 2018, vol. 15, issue 3, 303-320

Abstract: Although it is the world’s largest recipient of remittances, India lacks information about the investment behavior of its remittance receiving households. Using data from Reserve Bank of India and the Tobit analysis, this paper examines how remittances, different household and migrant characteristics have affected both the propensity to invest and the amount of investment by the remittance receiving households. The findings have significant implications for policy purposes. For example, government programs can create incentives for older migrants to have more remittance transfers. Remittance money used for children’s education could be matched to create robust flow of educational investments.

Keywords: Remittances; Household Investment Expenditure; India (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.tplondon.com/index.php/ml/article/view/354/347 (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:mig:journl:v:15:y:2018:i:3:p:303-320

Ordering information: This journal article can be ordered from
https://migrationletters.com/

Access Statistics for this article

Migration Letters is currently edited by Kittisak Jermsittiparsert

More articles in Migration Letters from Migration Letters
Bibliographic data for series maintained by ML ().