期刊
JOURNAL OF INTERNATIONAL DEVELOPMENT
卷 -, 期 -, 页码 -出版社
WILEY
DOI: 10.1002/jid.3862
关键词
Burkina Faso; dynamic simultaneous equations; private investment; remittances; structural factors
This research investigates the channels through which migrant remittances can promote private investment. The findings suggest that the level of corruption risk and the demographic dependency ratio serve as important transmission channels, highlighting the need to establish an institutional framework that enhances transparency and accountability and accelerates the demographic transition process.
This research explores the channels through which migrant remittances can promote private investment. The research method favours a dynamic simultaneous equation model estimated using a combination of the bootstrap method and the three-stage least squares estimator to account for the interdependence between remittances and private investment. The study area is Burkina Faso, and the period of analysis covers the period 1985-2021. One of the main findings is that the level of corruption risk and the demographic dependency ratio are important transmission channels. Findings suggest creating an institutional framework that enhances the level of transparency and accountability and accelerates the demographic transition process.
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