The Impact Of Remittances On Poverty And Inequality In Ghana

Datos Bibliográficos

ID19915232
AutoresJr Adams Richard H (World Bank), Alfredo Cuecuecha Mendoza (0000-0003-2828-0473, World Bank Group), Alfredo Cuecuecha, John Page (0000-0001-7929-5208, World Bank Group)
Año2008
Fecha de publicación2008-09-01
Open AccessNo
TipoBOOK
EditorialWorld Bank, Washington, DC (PUBLISHER)
DOI10.1596/1813-9450-4732
OpenAlexW2168457298
IdiomaEN
Citas recibidas31
Referencias citadas16

"This paper uses a new, 2005/06 nationally-representative household survey to analyze the impact of internal remittances (from Ghana) and international remittances (from African and other countries) on poverty and inequality in Ghana. To control for selection and endogeneity, it uses a two-stage multinomial logit model with instrumental variables focusing on variations in migration networks and remittances among various ethno-religious groups in Ghana. The paper finds that both internal and international remittances reduce the level, depth, and severity of poverty in Ghana. However, the size of the poverty reduction depends on the type of remittances received. In general, poverty in Ghana is reduced more by international than internal remittances. For households receiving international remittances, the level of poverty falls by 88.1 percent with the inclusion of remittances; for households receiving internal remittances, poverty falls by 69.4 percent with the inclusion of remittances. The paper also finds that both types of remittances increase income inequality in Ghana. For households with internal remittances, the inclusion of remittances causes the Gini coefficient to rise by 4 percent, and for households with international remittances, the inclusion of remittances causes the Gini to increase by 17.4 percent. "--World Bank web site

Development economics · Economic growth · Economics · Inequality · Poverty · Fiscal Policy and Economic Growth · Mathematics · Migration and Labor Dynamics · Poverty, Education, and Child Welfare