Effectiveness of the international remittances on poverty: Evidence from cross-country analysis
Öz
This paper focuses on the impact of international remittances on poverty in a rich environment. After a careful review of the relevant literature, various pooled ordinary least squares (Pooled OLS), dummy variable least squares (DVLS), and three-stage least squares (3SLS) models are constructed. The empirical results show that gross domestic product per capita, inequality in income distribution, and international remittances have a statistically significant impact on poverty. A 10% increase in international remittances reduced the poverty level of the portion of the population whose cost of living is less than $1.90 per person per day between 0.7% and 1.7%. This paper broadens the existing literature on the relationship between international remittances and poverty in a more comprehensive framework by using a broader data set and different panel data regression models.
Anahtar Kelimeler
Kaynakça
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