Remittances, Household Expenditure and Investment in Guatemala

Remittances, Household Expenditure and Investment in Guatemala PDF Author: Richard H. Adams
Publisher: World Bank Publications
ISBN:
Category : Cost and standard of living
Languages : en
Pages : 36

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Book Description
"The author uses a large household data set from Guatemala to analyze how the receipt of internal remittances (from Guatemala) and international remittances (from the United States) affects the marginal spending behavior of households on various consumption and investment goods. Contrary to other studies, the author finds that households receiving remittances actually spend less at the margin on consumption-food and consumer goods and durables-than do households receiving no remittances. Instead of spending on consumption, households receiving remittances tend to spend more on investment goods, like education, health, and housing. The analysis shows that a large amount of remittance money goes into education. At the margin, households receiving internal and international remittances spend 45 and 58 percent more, respectively, on education, than do households with no remittances. These increased expenditures on education represent investment in human capital. Like other studies, the author finds that remittance-receiving households spend more at the margin on housing. These increased expenditures on housing represent a type of investment for the migrant, as well as a means for boosting local economic development by creating new income and employment opportunities for skilled and unskilled workers. "--World Bank web site.

Remittances, Household Expenditure and Investment in Guatemala

Remittances, Household Expenditure and Investment in Guatemala PDF Author: Richard H. Jr Adams
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The author uses a large household data set from Guatemala to analyze how the receipt of internal remittances (from Guatemala) and international remittances (from the United States) affects the marginal spending behavior of households on various consumption and investment goods. Contrary to other studies, the author finds that households receiving remittances actually spend less at the margin on consumption-food and consumer goods and durables-than do households receiving no remittances. Instead of spending on consumption, households receiving remittances tend to spend more on investment goods, like education, health, and housing. The analysis shows that a large amount of remittance money goes into education. At the margin, households receiving internal and international remittances spend 45 and 58 percent more, respectively, on education, than do households with no remittances. These increased expenditures on education represent investment in human capital. Like other studies, the author finds that remittance-receiving households spend more at the margin on housing. These increased expenditures on housing represent a type of investment for the migrant, as well as a means for boosting local economic development by creating new income and employment opportunities for skilled and unskilled workers.

Remittances, Household Expenditure and Investment in Guatemala

Remittances, Household Expenditure and Investment in Guatemala PDF Author: Richard H. Adams (Jr.)
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages : 34

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Book Description
Abstract: "The author uses a large household data set from Guatemala to analyze how the receipt of internal remittances (from Guatemala) and international remittances (from the United States) affects the marginal spending behavior of households on various consumption and investment goods. Contrary to other studies, the author finds that households receiving remittances actually spend less at the margin on consumption-food and consumer goods and durables-than do households receiving no remittances. Instead of spending on consumption, households receiving remittances tend to spend more on investment goods, like education, health, and housing. The analysis shows that a large amount of remittance money goes into education. At the margin, households receiving internal and international remittances spend 45 and 58 percent more, respectively, on education, than do households with no remittances. These increased expenditures on education represent investment in human capital. Like other studies, the author finds that remittance-receiving households spend more at the margin on housing. These increased expenditures on housing represent a type of investment for the migrant, as well as a means for boosting local economic development by creating new income and employment opportunities for skilled and unskilled workers."--World Bank web site.

Remittances, Household Expenditure and Investment in Guatemala

Remittances, Household Expenditure and Investment in Guatemala PDF Author: Richard H. Adams (Jr)
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This paper uses a nationally-representative household data set from Guatemala to analyze how the receipt of internal remittances (from Guatemala) and international remittances (from United States) affects the marginal spending behavior of households. Two findings emerge. First, controlling for selection and endogeneity, households receiving international remittances spend less at the margin on one key consumption good--food--compared to what they would have spent on this good without remittances. Second, households receiving either internal or international remittances spend more at the margin on two investment goods--education and housing--compared to what they would have spent on these goods without remittances. These findings support the growing view that remittances can help increase the level of investment in human and physical capital in remittance-receiving countries.

Remittances and Poverty in Guatemala

Remittances and Poverty in Guatemala PDF Author: Richard H. Adams
Publisher:
ISBN:
Category : Income
Languages : en
Pages : 44

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Book Description
"Adams uses a large, nationally representative household survey to analyze the impact of internal remittances (from Guatemala) and international remittances (from the United States) on poverty in Guatemala. With only one exception, he finds that both internal and international remittances reduce the level, depth, and severity of poverty in Guatemala. However, he finds that remittances have a greater impact on reducing the severity as opposed to the level of poverty in Guatemala. For example, the squared poverty gapwhich measures the severity of povertyfalls by 21.1 percent when internal remittances are included in household income, and by 19.8 percent when international remittances are included in such income. This is true because households in the lowest decile group receive a very large share of their total household income (expenditure) from remittances. Households in the bottom decile group receive between 50 and 60 percent of their total income (expenditure) from remittances. When these "poorest of the poor" households receive remittances, their income status changes dramatically and this in turn has a large effect on any poverty measurelike the squared poverty gapthat considers the number, distance, and distribution of poor households beneath the poverty line. This paper--a product of the Trade Team, Development Research Group--is part of a larger effort in the group to understand the impact of international migration and remittances on poverty and development"--World Bank web site.

Remittances and Poverty in Guatemala

Remittances and Poverty in Guatemala PDF Author: Richard H. Jr Adams
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The author uses a large, nationally representative household survey to analyze the impact of internal remittances (from Guatemala), and international remittances (from the United States) on poverty in Guatemala. With only one exception, he finds that both internal and international remittances reduce the level, depth, and severity of poverty in Guatemala. However, he finds that remittances have a greater impact on reducing the severity as opposed to the level of poverty in Guatemala. For example, the squared poverty gap-which measures the severity of poverty-falls by 21.1 percent when internal remittances are included in household income, and by 19.8 percent when international remittances are included in such income. This is true because households in the lowest decile group receive a very large share of their total household income (expenditure) from remittances. Households in the bottom decile group receive between 50 and 60 percent of their total income (expenditure) from remittances. When these "poorest of the poor" households receive remittances, their income status changes dramatically and this in turn has a large effect on any poverty measure-like the squared poverty gap-that considers the number, distance, and distribution of poor households beneath the poverty line.

Remittances and Poverty in Guatemala

Remittances and Poverty in Guatemala PDF Author: Adams, Jr. (Richard H.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

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Book Description
Adams uses a large, nationally representative household survey to analyze the impact of internal remittances (from Guatemala) and international remittances (from the United States) on poverty in Guatemala. With only one exception, he finds that both internal and international remittances reduce the level, depth, and severity of poverty in Guatemala. However, he finds that remittances have a greater impact on reducing the severity as opposed to the level of poverty in Guatemala. For example, the squared poverty gap - which measures the severity of poverty - falls by 21.1 percent when internal remittances are included in household income, and by 19.8 percent when international remittances are included in such income. This is true because households in the lowest decile group receive a very large share of their total household income (expenditure) from remittances. Households in the bottom decile group receive between 50 and 60 percent of their total income (expenditure) from remittances. When these quot;poorest of the poorquot; households receive remittances, their income status changes dramatically and this in turn has a large effect on any poverty measure - like the squared poverty gap - that considers the number, distance, and distribution of poor households beneath the poverty line.This paper - a product of the Trade Team, Development Research Group - is part of a larger effort in the group to understand the impact of international migration and remittances on poverty and development.

Global Economic Prospects 2006

Global Economic Prospects 2006 PDF Author:
Publisher: World Bank Publications
ISBN: 082136345X
Category :
Languages : en
Pages : 182

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Book Description
International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.

Village Economies

Village Economies PDF Author: J. Edward Taylor
Publisher: Cambridge University Press
ISBN: 9780521550123
Category : Business & Economics
Languages : en
Pages : 10

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Book Description
This book presents a generation of village-wide modelling designed to capture the interactions among households that shape impacts on rural economies.

Remittances and Development

Remittances and Development PDF Author: Pablo Fajnzylber
Publisher: World Bank Publications
ISBN: 0821368710
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the topic, this book is motivated by the large heterogeneity in migration and remittance patterns across countries and regions, and by the fact that existing evidence for Latin America and the Caribbean is restricted to only a few countries, such as Mexico and El Salvador. Because the nature of the phenomenon varies across countries, its development impact and policy implications are also likely to differ in ways that are still largely unknown. This book helps fill the gap by exploring, in the specific context of Latin America and Caribbean countries, some of the main questions faced by policymakers when trying to respond to increasing remittances flows. The book relies on cross-country panel data and household surveys for 11 Latin American countries to explore the development impact of remittance flows along several dimensions: growth, poverty, inequality, schooling, health, labor supply, financial development, and real exchange rates.