The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs

This study investigated the efect of remittance infows on educational attainment with the interaction efect of social infrastructure. The system generalized method of moments (Sys-GMM) technique was applied to analyze data from 69 countries from 1995 to 2019 using a 5-year non-overlapping average. T...

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Main Authors: Saydaliev, Hayot Berk, Lee, Chin
Format: Article
Published: Springer Science and Business Media LLC 2023
Online Access:http://psasir.upm.edu.my/id/eprint/110125/
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author Saydaliev, Hayot Berk
Lee, Chin
author_facet Saydaliev, Hayot Berk
Lee, Chin
author_sort Saydaliev, Hayot Berk
building UPM Institutional Repository
collection Online Access
description This study investigated the efect of remittance infows on educational attainment with the interaction efect of social infrastructure. The system generalized method of moments (Sys-GMM) technique was applied to analyze data from 69 countries from 1995 to 2019 using a 5-year non-overlapping average. The fndings revealed that: (1) remittances and income have a negative efect on educational attainment in low- and middle-income countries; (2) social infrastructure, government expenditures on education, and institutional quality have a positive efect on educational attainment; (3) remittances alone cannot generate educational attainment; however, when remittances work in tandem with better social infrastructure, it facilitates educational attainment; (4) remittances and social infrastructure have asymmetric efects on educational attainment; and (5) remittances contribute more to females than males in obtaining an education. Thus, the fndings suggest that policymakers should formulate alternative social infrastructure development strategies to render higher returns from remittances.
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spelling upm-1101252024-09-09T04:32:59Z http://psasir.upm.edu.my/id/eprint/110125/ The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs Saydaliev, Hayot Berk Lee, Chin This study investigated the efect of remittance infows on educational attainment with the interaction efect of social infrastructure. The system generalized method of moments (Sys-GMM) technique was applied to analyze data from 69 countries from 1995 to 2019 using a 5-year non-overlapping average. The fndings revealed that: (1) remittances and income have a negative efect on educational attainment in low- and middle-income countries; (2) social infrastructure, government expenditures on education, and institutional quality have a positive efect on educational attainment; (3) remittances alone cannot generate educational attainment; however, when remittances work in tandem with better social infrastructure, it facilitates educational attainment; (4) remittances and social infrastructure have asymmetric efects on educational attainment; and (5) remittances contribute more to females than males in obtaining an education. Thus, the fndings suggest that policymakers should formulate alternative social infrastructure development strategies to render higher returns from remittances. Springer Science and Business Media LLC 2023 Article PeerReviewed Saydaliev, Hayot Berk and Lee, Chin (2023) The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs. Economic Change and Restructuring, 56. 1823 -1847. ISSN 1573-9414; ESSN: 1574-0277 https://link.springer.com/article/10.1007/s10644-023-09491-y 10.1007/s10644-023-09491-y
spellingShingle Saydaliev, Hayot Berk
Lee, Chin
The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs
title The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs
title_full The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs
title_fullStr The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs
title_full_unstemmed The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs
title_short The necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient LMICs
title_sort necessity of social infrastructure for enhancing educational attainment: evidence from high remittance recipient lmics
url http://psasir.upm.edu.my/id/eprint/110125/
http://psasir.upm.edu.my/id/eprint/110125/
http://psasir.upm.edu.my/id/eprint/110125/