Remittances, Household Expenditure and Investment in Guatemala

Remittances, Household Expenditure and Investment in Guatemala
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DOI:
10.1016/j.worlddev.2010.03.003
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发表时间:
2010-11-01
期刊:
影响因子:
6.9
通讯作者:
Cuecuecha, Alfredo
Cuecuecha, Alfredo
中科院分区:
经济学1区
文献类型:
--
作者:
Adams, Richard H., Jr.;Cuecuecha, Alfredo

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本文使用危地马拉的全国代表性家庭数据集来分析国内汇款(来自危地马拉)和国际汇款(来自美国)的接收如何影响家庭的边际支出行为。出现了两个发现。首先,在控制选择和内生性的情况下,接受国际汇款的家庭在一项主要消费品——食品——上的边际支出低于没有汇款的家庭在这一商品上的支出。其次,接受国内或国际汇款的家庭在教育和住房这两种投资品上的边际支出高于没有汇款的情况下在这些商品上的支出。这些研究结果支持了越来越多的观点,即汇款有助于提高汇款接收国的人力和物质资本投资水平。 (C) 2010 Elsevier Ltd. 保留所有权利。
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. (C) 2010 Elsevier Ltd. All rights reserved.