Migrant remittances and physical investment purchases: evidence from Kenyan households

Jena, Farai (2017) Migrant remittances and physical investment purchases: evidence from Kenyan households. Journal of Development Studies. ISSN 0022-0388

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Abstract

This paper investigates the impact of remittances on household decisions to purchase physical investments in Kenya using household survey data. An instrumental variables approach is employed using rainfall variation and mobile network coverage as instruments to control for the endogeneity of remittances. The empirical evidence obtained is suggestive of remittances having a positive and significant effect on the decisions by households to purchase physical investments.

Item Type: Article
Keywords: migrant remittances, household expenditure, physical investments
Schools and Departments: School of Business, Management and Economics > Economics
Depositing User: Farai Jena
Date Deposited: 17 Feb 2017 14:35
Last Modified: 11 Sep 2017 09:17
URI: http://sro.sussex.ac.uk/id/eprint/66414

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