Do Remittances Matter in Accelerating Labour Productivity and Capital Accumulation?

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dc.contributor.authorDzeha, G.C.
dc.contributor.authorAbor, J.Y
dc.contributor.authorTurkson, F.E.
dc.contributor.authorAgbloyor, E.K.
dc.date.accessioned2018-10-30T11:55:09Z
dc.date.available2018-10-30T11:55:09Z
dc.date.issued2017
dc.description.abstractIn this paper, we examine the effect of remittances on labour productivity and capital accumulation through various channels. Our panel includes 25 African countries with data from 1990 to 2013. We employ the two-step generalized methods of moments estimator. The main results from this study are that remittances on their own do promote labour productivity but not capital accumulation. Indeed, remittances are observed to have a positive impact on labour productivity and a negative impact on capital accumulation. Moreover, remittances do not promote labour productivity in the presence of high natural resource endowment. The effect of remittances on labour productivity is not clear when we interact remittances with life expectancy. Further, remittances tend to promote capital accumulation in the presence of high quality human capital. Policies that promote remitting through formal channels will aid directing remittance inflows into productive investments thus encouraging labour productivity.en_US
dc.identifier.urihttp://ugspace.ug.edu.gh/handle/123456789/25020
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.subjectremittancesen_US
dc.subjectlabour productivityen_US
dc.subjectafrican countriesen_US
dc.subjectcapital accumulationen_US
dc.subjectquality human capitalen_US
dc.titleDo Remittances Matter in Accelerating Labour Productivity and Capital Accumulation?en_US
dc.typeArticleen_US

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