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Rural Household Contribution to the Financial and Capital Market in Bangladesh: A Micro Level Study of Remittances from Italy

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  • Mannan, Kazi Abdul
  • Farhana, Khandaker Mursheda

Abstract

The present study investigates the investment variation of remittance determinants in rural area at the origin. Using micro-economic data from a survey conducted in 2013, multivariate analysis was carried out on 300 rural households. The empirical results show that the significance level and determinants vary from the investment in financial sector and specially investment in share market. Investment in financial sectors is strongly significance with the household remittances, educational level of migrants and household heads, household head relation to migrant and income of the household. On the other hand, investment in share market is highly significant with the duration of migration, marital status and employment status of the household head; and religion and income of the household.

Suggested Citation

  • Mannan, Kazi Abdul & Farhana, Khandaker Mursheda, 2014. "Rural Household Contribution to the Financial and Capital Market in Bangladesh: A Micro Level Study of Remittances from Italy," MPRA Paper 60309, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:60309
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    References listed on IDEAS

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    Cited by:

    1. Khan, Adnan, 2020. "A Bibliography Search on International Migration and Remittances Literature during the period of 1971-2020: A Case of Bangladesh," MPRA Paper 108143, University Library of Munich, Germany, revised 2020.
    2. MITSUI, Izumi, 2019. "A Literature Review of Economic Diaspora," MPRA Paper 109115, University Library of Munich, Germany, revised 2019.
    3. Enrique Graue, Wiechers, 2018. "A Literature Review of Economic Migration," MPRA Paper 109870, University Library of Munich, Germany, revised 2018.
    4. Carmen, Maria del, 2018. "Economic Migration and Diaspora: A Literature Review," MPRA Paper 109498, University Library of Munich, Germany, revised 2018.
    5. Kazi Abdul, Mannan, 2017. "Macro determinants of remittance: Relationship between remittance and economic growth in Bangladesh," MPRA Paper 97947, University Library of Munich, Germany, revised 2017.
    6. Khan, Adnan & Mrs, Sultana, 2021. "International Remittances Literature: A Study in Bangladesh during the period of 1971-2020," MPRA Paper 108290, University Library of Munich, Germany, revised 2021.

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    More about this item

    Keywords

    capital market; remittances; investment; rural household; non-residence;
    All these keywords.

    JEL classification:

    • D0 - Microeconomics - - General
    • D00 - Microeconomics - - General - - - General
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions

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