Sprache:
Englisch
Seiten:
1 Online-Ressource (11 Seiten)
Publ. der Quelle:
: Sage, 2025
Angaben zur Quelle:
15,2
DDC:
300
Schlagwort(e):
remittances
;
household expenditure
;
ARDL model
;
development aid
;
Benin
;
Sozialwissenschaften
Kurzfassung:
This study examines the short- and long-run relationship between remittance and Benin household expenditure. We analysed 45 years of time series data, from 1974 to 2019, from the World Bank Open data repository using the autoregressive distributed lag (ARDL) to cointegration model. The findings suggest no significant long-run relationship between remittance receipts and household expenditure. However, the short-run relationship is positive and significant indicating that household remittance increases their expenditure solely in the short run. Development aid and trade openness used as control variables are negatively associated with household expenditure. These do not significantly increase household expenditure in the short and long-run. We recommend that policymakers in developing countries like Benin adopt instruments that encourage remittance inflows and promote household efficient use to meet short- and long-run expenditure needs.
Kurzfassung:
Plain language summary: Previous studies did not provide conclusive information on the long-run importance of remittance for households in the context of developing countries. We contribute to the literature by evaluating the short and long-run relationship between remittances and household expenditure taking evidence from Benin. We retrieved data on remittance, household expenditure, development aid, trade openness, and inflation from the World Bank open data repository and analysed them using an econometric model. The long-run results show no significant association between household remittance and their expenditure. In the short-run, household remittances increase their expenditure. We recommend that policymakers in developing countries like Benin adopt instruments that encourage remittance inflows and promote household efficient use to meet short- and long-run expenditure needs.
Kurzfassung:
Peer Reviewed
DOI:
10.1177/21582440251343370
URN:
urn:nbn:de:kobv:11-110-18452/34321-1
URL:
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