Predictors of investment expenditure from foreign remittances in the sylhet region of Bangladesh: A household-level analysis

Md Zakir Hossain, Jasim Uddin Ahmed, Sabbir Tahmidur Rahman

Research output: Contribution to journalArticle

Abstract

Remittances, the most explicit outcome of international migration, play a vital role in the socioeconomic development of Bangladesh. The optimum allocation of these scarce resources is of utmost importance for intergenerational consumption smoothing. This study explores the household-level factors of spending remittances in different investment sectors. The study uses a primary dataset from a field survey covering 500 migrant and 250 non-migrant households from 30 clusters of the Sylhet region of Bangladesh. Results indicate that total household income, ownership of residence, asset score, operative land, household size and economic dependency ratio are the significant determinants for investment in an absolute sense. The models for identifying the predictors in different investment sectors suggest that household income, ownership of residence, asset score, education of the household head and household size are common determinants for all the sectors. Substantial investments in different sectors may be determined by several predictors, such as household income, ownership of residence, asset score, education of household head and household size.

Original languageEnglish
Pages (from-to)11-25
Number of pages15
JournalJournal of Population and Social Studies
Volume25
Issue number1
DOIs
Publication statusPublished - Jan 1 2017

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Keywords

  • Household determinants
  • Investment expenditure
  • Remittance

ASJC Scopus subject areas

  • Demography
  • Sociology and Political Science
  • Geography, Planning and Development
  • Health(social science)
  • Anthropology
  • Social Sciences (miscellaneous)

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