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Education, Internal Remittances and Safety Nets in Africa: Some Evidence

Author

Listed:
  • Kwabena Gyimah-Brempong

    (Department of Economics, University of South Floriday)

  • Yaw Nyarko

    (Department of Economics, New York University)

Abstract

This paper uses LSS data from Cote d'Ivoire and Ghana to investigate the effects of education on social safety nets proxied by internal migrant remittances in Africa. We find that education has positive and statistically significant effect on the probability of sending as well as of the amount of remittance. The estimates are robust to model specification, data organization, and estimation method. The results suggest that one mechanism through which education provides a social safety net in Africa is the migration and remittances channel. Our results suggest that investment in education may not only accelerate economic growth in Africa, it may also provide a social safety net for the population.

Suggested Citation

  • Kwabena Gyimah-Brempong & Yaw Nyarko, 2015. "Education, Internal Remittances and Safety Nets in Africa: Some Evidence," Journal of African Development, African Finance and Economic Association (AFEA), vol. 17(1), pages 1-16.
    • Handle: RePEc:afe:journl:v:17:y:2015:i:1:p:1-16
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    Cited by:

    1. Oulmane, Nassim & Sadni Jallab, Mustapha & Zidouemba, Patrice, 2020. "The African Continental Free Trade Area in a Covid-19 time : macroeconomic and sectoral impacts," Conference papers 333158, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    More about this item

    Keywords

    Africa ; Education; Africa; remittances; safety net;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • F35 - International Economics - - International Finance - - - Foreign Aid
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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