<abstract xmlns="http://www.w3.org/1999/xhtml"><p> The aim of this study is to investigate the determinants of worker remittance of Bangladesh. Instead of traditional approach of estimating the remittance determinants, here we propose to use foreign macroeconomic indicators as a proxy determinant to avoid endogeneity. We also used panel estimation technique in our study to incorporate country specific heterogeneity of remittance inflow of Bangladesh. According our study any changes in the number of labor force, consumer price index, export, import, government expenditure and devaluation or appreciation of host countries (origin of the remittance income) currency can significantly influence the inward remittance income of Bangladesh.</p></abstract>

The aim of this study is to investigate the determinants of worker remittance of Bangladesh. Instead of traditional approach of estimating the remittance determinants, here we propose to use foreign macroeconomic indicators as a proxy determinant to avoid endogeneity. We also used panel estimation technique in our study to incorporate country specific heterogeneity of remittance inflow of Bangladesh. According our study any changes in the number of labor force, consumer price index, export, import, government expenditure and devaluation or appreciation of host countries (origin of the remittance income) currency can significantly influence the inward remittance income of Bangladesh.

The Determinants of Worker Remittance in Terms of Foreign Factors: The Case of Bangladesh

American International University, Bangladesh

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The aim of this study is to investigate the determinants of worker remittance of Bangladesh. Instead of traditional approach of estimating the remittance...

The Determinants of Worker Remittance in Terms of Foreign Factors: The Case of Bangladesh

Published Online: Mar 02, 2016

Page range: 81 - 93

DOI: https://doi.org/10.1515/sbe-2015-0038

Keywords
Remittance, Panel study, Endogeneity Bangladesh

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The Determinants of Worker Remittance in Terms of Foreign Factors: The Case of Bangladesh

Published Online: Mar 02, 2016

Page range: 81 - 93

DOI: https://doi.org/10.1515/sbe-2015-0038

KeywordsRemittance, Panel study, Endogeneity Bangladesh

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
Remittance, Panel study, Endogeneity Bangladesh