Remittances, Consumption and Investment in Ghana
This paper uses a new, nationally-representative household survey from Ghana to analyze within a rigorous econometric framework how the receipt of internal remittances (from within Ghana) and international remittances (from African or other countri...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/02/9003267/remittances-consumption-investment-ghana http://hdl.handle.net/10986/6430 |
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okr-10986-64302021-04-23T14:02:31Z Remittances, Consumption and Investment in Ghana Adams, Richard H., Jr. Cuecuecha, Alfredo Page, John ACCOUNTING AGRICULTURAL ECONOMICS AMOUNT OF REMITTANCES CAPITA REMITTANCES CLUSTERS COLLEGE EDUCATION CONSUMER CONSUMER GOODS CONTRIBUTION CONTRIBUTION OF REMITTANCES COUNTRIES OF ORIGIN CULTURAL CHANGE CURRENCY CURRENCY CRISIS DATA ON REMITTANCES DEVELOPING COUNTRIES DEVELOPMENT IMPACT OF REMITTANCES DISPOSABLE INCOME DUMMY VARIABLE DUMMY VARIABLES DURABLE DURABLE GOODS DURABLES EARNINGS ECONOMIC CHARACTERISTICS ECONOMIC DEVELOPMENT ECONOMIC POLICY ECONOMIC SHOCKS EFFECT OF REMITTANCES EFFECTS OF REMITTANCES EQUIPMENT ETHNIC GROUPS EXCHANGE RATE EXPENDITURE EXPENDITURES FAMILY BUDGETS FAMILY SIZE FAMILY TIES FARM INCOME FUNGIBLE GENDER GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HOUSEHOLD APPLIANCES HOUSEHOLD EXPENDITURE HOUSEHOLD EXPENDITURES HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD LEVEL HOUSEHOLD SIZE HOUSEHOLD SURVEYS HUMAN CAPITAL IMMIGRANT IMPACT OF MIGRATION IMPACT OF REMITTANCES INCOME FLOWS INCOME LEVELS INEQUALITY INFORMAL CHANNELS INSTRUMENT INTERNAL MIGRANTS INTERNAL MIGRATION INTERNATIONAL BANK INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL MIGRANTS INTERNATIONAL MIGRATION INTERNATIONAL REMITTANCES INVESTING INVESTMENT BEHAVIOR INVESTMENT DECISIONS LABOR FORCE LABOR MARKET LABOUR FORCE LARGE TRANSFERS LEVEL OF POVERTY LIVING CONDITIONS LIVING STANDARDS LOC LOW INCOME LOW-INCOME LOW-INCOME COUNTRY MEAT MICROENTERPRISES MIDDLE EAST MIGRANT MIGRANTS MONETARY FUND MONIES NUMBER OF CHILDREN NUMBER OF HOUSEHOLDS PHYSICAL CAPITAL POLICY RESEARCH POLICY RESEARCH WORKING PAPER PRIMARY EDUCATION PRIMARY SCHOOL PROBABILITY PROGRESS RECEIPT REGIONAL DUMMIES REGIONAL DUMMY REGISTRATION FEES REGRESSION ANALYSIS RELIGIOUS GROUP RELIGIOUS GROUPS REMITTANCE REMITTANCE FLOWS REMITTANCE RECEIVING REMITTANCE RECEIVING HOUSEHOLDS REMITTANCE-RECEIVING HOUSEHOLDS REMITTANCES RENTAL PAYMENTS RESPECT RETURN RETURNS ROLE OF REMITTANCES RURAL AREAS SAVINGS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL EDUCATION SENIOR SEX SOCIAL PROGRAMS SOURCE OF INCOME SOURCES OF INCOME TELEVISION UNIVERSITY EDUCATION WAGE This paper uses a new, nationally-representative household survey from Ghana to analyze within a rigorous econometric framework how the receipt of internal remittances (from within Ghana) and international remittances (from African or other countries) affects the marginal spending behavior of households on a broad range of consumption and investment goods, including food, education and housing. Contrary to other studies, which find that remittances are spent disproportionately on consumption (food and consumer goods/durables) or investment goods (education and housing), the findings show that households receiving remittances in Ghana do not spend more at the margin on food, education and housing than households with similar income levels and characteristics that do not receive remittances. When the analysis controls for endogeneity and selection bias, the findings show that any differences in the marginal spending behavior between remittance-receiving and non-receiving households are explained completely by the observed and unobserved characteristics of households. Households in Ghana treat remittances just like any other source of income, and there are no changes in marginal spending patterns for households with the receipt of remittance income. 2012-05-25T15:40:53Z 2012-05-25T15:40:53Z 2008-02 http://documents.worldbank.org/curated/en/2008/02/9003267/remittances-consumption-investment-ghana http://hdl.handle.net/10986/6430 English Policy Research Working Paper; No. 4515 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Ghana |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING AGRICULTURAL ECONOMICS AMOUNT OF REMITTANCES CAPITA REMITTANCES CLUSTERS COLLEGE EDUCATION CONSUMER CONSUMER GOODS CONTRIBUTION CONTRIBUTION OF REMITTANCES COUNTRIES OF ORIGIN CULTURAL CHANGE CURRENCY CURRENCY CRISIS DATA ON REMITTANCES DEVELOPING COUNTRIES DEVELOPMENT IMPACT OF REMITTANCES DISPOSABLE INCOME DUMMY VARIABLE DUMMY VARIABLES DURABLE DURABLE GOODS DURABLES EARNINGS ECONOMIC CHARACTERISTICS ECONOMIC DEVELOPMENT ECONOMIC POLICY ECONOMIC SHOCKS EFFECT OF REMITTANCES EFFECTS OF REMITTANCES EQUIPMENT ETHNIC GROUPS EXCHANGE RATE EXPENDITURE EXPENDITURES FAMILY BUDGETS FAMILY SIZE FAMILY TIES FARM INCOME FUNGIBLE GENDER GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HOUSEHOLD APPLIANCES HOUSEHOLD EXPENDITURE HOUSEHOLD EXPENDITURES HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD LEVEL HOUSEHOLD SIZE HOUSEHOLD SURVEYS HUMAN CAPITAL IMMIGRANT IMPACT OF MIGRATION IMPACT OF REMITTANCES INCOME FLOWS INCOME LEVELS INEQUALITY INFORMAL CHANNELS INSTRUMENT INTERNAL MIGRANTS INTERNAL MIGRATION INTERNATIONAL BANK INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL MIGRANTS INTERNATIONAL MIGRATION INTERNATIONAL REMITTANCES INVESTING INVESTMENT BEHAVIOR INVESTMENT DECISIONS LABOR FORCE LABOR MARKET LABOUR FORCE LARGE TRANSFERS LEVEL OF POVERTY LIVING CONDITIONS LIVING STANDARDS LOC LOW INCOME LOW-INCOME LOW-INCOME COUNTRY MEAT MICROENTERPRISES MIDDLE EAST MIGRANT MIGRANTS MONETARY FUND MONIES NUMBER OF CHILDREN NUMBER OF HOUSEHOLDS PHYSICAL CAPITAL POLICY RESEARCH POLICY RESEARCH WORKING PAPER PRIMARY EDUCATION PRIMARY SCHOOL PROBABILITY PROGRESS RECEIPT REGIONAL DUMMIES REGIONAL DUMMY REGISTRATION FEES REGRESSION ANALYSIS RELIGIOUS GROUP RELIGIOUS GROUPS REMITTANCE REMITTANCE FLOWS REMITTANCE RECEIVING REMITTANCE RECEIVING HOUSEHOLDS REMITTANCE-RECEIVING HOUSEHOLDS REMITTANCES RENTAL PAYMENTS RESPECT RETURN RETURNS ROLE OF REMITTANCES RURAL AREAS SAVINGS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL EDUCATION SENIOR SEX SOCIAL PROGRAMS SOURCE OF INCOME SOURCES OF INCOME TELEVISION UNIVERSITY EDUCATION WAGE |
| spellingShingle |
ACCOUNTING AGRICULTURAL ECONOMICS AMOUNT OF REMITTANCES CAPITA REMITTANCES CLUSTERS COLLEGE EDUCATION CONSUMER CONSUMER GOODS CONTRIBUTION CONTRIBUTION OF REMITTANCES COUNTRIES OF ORIGIN CULTURAL CHANGE CURRENCY CURRENCY CRISIS DATA ON REMITTANCES DEVELOPING COUNTRIES DEVELOPMENT IMPACT OF REMITTANCES DISPOSABLE INCOME DUMMY VARIABLE DUMMY VARIABLES DURABLE DURABLE GOODS DURABLES EARNINGS ECONOMIC CHARACTERISTICS ECONOMIC DEVELOPMENT ECONOMIC POLICY ECONOMIC SHOCKS EFFECT OF REMITTANCES EFFECTS OF REMITTANCES EQUIPMENT ETHNIC GROUPS EXCHANGE RATE EXPENDITURE EXPENDITURES FAMILY BUDGETS FAMILY SIZE FAMILY TIES FARM INCOME FUNGIBLE GENDER GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HOUSEHOLD APPLIANCES HOUSEHOLD EXPENDITURE HOUSEHOLD EXPENDITURES HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD LEVEL HOUSEHOLD SIZE HOUSEHOLD SURVEYS HUMAN CAPITAL IMMIGRANT IMPACT OF MIGRATION IMPACT OF REMITTANCES INCOME FLOWS INCOME LEVELS INEQUALITY INFORMAL CHANNELS INSTRUMENT INTERNAL MIGRANTS INTERNAL MIGRATION INTERNATIONAL BANK INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL MIGRANTS INTERNATIONAL MIGRATION INTERNATIONAL REMITTANCES INVESTING INVESTMENT BEHAVIOR INVESTMENT DECISIONS LABOR FORCE LABOR MARKET LABOUR FORCE LARGE TRANSFERS LEVEL OF POVERTY LIVING CONDITIONS LIVING STANDARDS LOC LOW INCOME LOW-INCOME LOW-INCOME COUNTRY MEAT MICROENTERPRISES MIDDLE EAST MIGRANT MIGRANTS MONETARY FUND MONIES NUMBER OF CHILDREN NUMBER OF HOUSEHOLDS PHYSICAL CAPITAL POLICY RESEARCH POLICY RESEARCH WORKING PAPER PRIMARY EDUCATION PRIMARY SCHOOL PROBABILITY PROGRESS RECEIPT REGIONAL DUMMIES REGIONAL DUMMY REGISTRATION FEES REGRESSION ANALYSIS RELIGIOUS GROUP RELIGIOUS GROUPS REMITTANCE REMITTANCE FLOWS REMITTANCE RECEIVING REMITTANCE RECEIVING HOUSEHOLDS REMITTANCE-RECEIVING HOUSEHOLDS REMITTANCES RENTAL PAYMENTS RESPECT RETURN RETURNS ROLE OF REMITTANCES RURAL AREAS SAVINGS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL EDUCATION SENIOR SEX SOCIAL PROGRAMS SOURCE OF INCOME SOURCES OF INCOME TELEVISION UNIVERSITY EDUCATION WAGE Adams, Richard H., Jr. Cuecuecha, Alfredo Page, John Remittances, Consumption and Investment in Ghana |
| geographic_facet |
Africa Ghana |
| relation |
Policy Research Working Paper; No. 4515 |
| description |
This paper uses a new,
nationally-representative household survey from Ghana to
analyze within a rigorous econometric framework how the
receipt of internal remittances (from within Ghana) and
international remittances (from African or other countries)
affects the marginal spending behavior of households on a
broad range of consumption and investment goods, including
food, education and housing. Contrary to other studies,
which find that remittances are spent disproportionately on
consumption (food and consumer goods/durables) or investment
goods (education and housing), the findings show that
households receiving remittances in Ghana do not spend more
at the margin on food, education and housing than households
with similar income levels and characteristics that do not
receive remittances. When the analysis controls for
endogeneity and selection bias, the findings show that any
differences in the marginal spending behavior between
remittance-receiving and non-receiving households are
explained completely by the observed and unobserved
characteristics of households. Households in Ghana treat
remittances just like any other source of income, and there
are no changes in marginal spending patterns for households
with the receipt of remittance income. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Adams, Richard H., Jr. Cuecuecha, Alfredo Page, John |
| author_facet |
Adams, Richard H., Jr. Cuecuecha, Alfredo Page, John |
| author_sort |
Adams, Richard H., Jr. |
| title |
Remittances, Consumption and Investment in Ghana |
| title_short |
Remittances, Consumption and Investment in Ghana |
| title_full |
Remittances, Consumption and Investment in Ghana |
| title_fullStr |
Remittances, Consumption and Investment in Ghana |
| title_full_unstemmed |
Remittances, Consumption and Investment in Ghana |
| title_sort |
remittances, consumption and investment in ghana |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/02/9003267/remittances-consumption-investment-ghana http://hdl.handle.net/10986/6430 |
| _version_ |
1764400364973457408 |