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The impact of remittances on poverty in Africa: A cross-country empirical analysis

Very limited empirical studies exist on the impact of remittances on poverty in Africa. To fill this gap in the literature, this study analyses the impact of remittances on poverty in a panel of 32 African countries. The study expands upon earlier work by including two additional foreign currency in...

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Main Author: Mahlalela, Noxolo
Other Authors: Ellyne, Mark
Format: Thesis
Language:English
Published: School of Economics 2017
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access_status_str Open Access
author Mahlalela, Noxolo
author2 Ellyne, Mark
author_browse Ellyne, Mark
Mahlalela, Noxolo
author_facet Ellyne, Mark
Mahlalela, Noxolo
author_sort Mahlalela, Noxolo
collection Thesis
description Very limited empirical studies exist on the impact of remittances on poverty in Africa. To fill this gap in the literature, this study analyses the impact of remittances on poverty in a panel of 32 African countries. The study expands upon earlier work by including two additional foreign currency inflows, exports and Official Development Assistance (ODA). Accounting for possible heteroscedasticity and endogeneity, the results consistently show that remittances significantly reduce poverty. Exports and ODA are found to have a statistically insignificant effect on poverty. The absence of a significant relationship between exports, ODA and poverty suggest that the growth gains from exports and ODA fail to trickle down to the poor. These results highlight the significance of remittances as a source of finance for development.
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institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:33:31.121Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2017
publishDateRange 2017
publishDateSort 2017
publisher School of Economics
publisherStr School of Economics
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source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/22974 The impact of remittances on poverty in Africa: A cross-country empirical analysis Mahlalela, Noxolo Ellyne, Mark Economics Applied Economics Very limited empirical studies exist on the impact of remittances on poverty in Africa. To fill this gap in the literature, this study analyses the impact of remittances on poverty in a panel of 32 African countries. The study expands upon earlier work by including two additional foreign currency inflows, exports and Official Development Assistance (ODA). Accounting for possible heteroscedasticity and endogeneity, the results consistently show that remittances significantly reduce poverty. Exports and ODA are found to have a statistically insignificant effect on poverty. The absence of a significant relationship between exports, ODA and poverty suggest that the growth gains from exports and ODA fail to trickle down to the poor. These results highlight the significance of remittances as a source of finance for development. 2017-01-24T09:09:40Z 2017-01-24T09:09:40Z 2016 Master Thesis Masters MCom http://hdl.handle.net/11427/22974 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Economics
Applied Economics
Mahlalela, Noxolo
The impact of remittances on poverty in Africa: A cross-country empirical analysis
thesis_degree_str Master's
title The impact of remittances on poverty in Africa: A cross-country empirical analysis
title_full The impact of remittances on poverty in Africa: A cross-country empirical analysis
title_fullStr The impact of remittances on poverty in Africa: A cross-country empirical analysis
title_full_unstemmed The impact of remittances on poverty in Africa: A cross-country empirical analysis
title_short The impact of remittances on poverty in Africa: A cross-country empirical analysis
title_sort impact of remittances on poverty in africa a cross country empirical analysis
topic Economics
Applied Economics
url http://hdl.handle.net/11427/22974
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AT mahlalelanoxolo impactofremittancesonpovertyinafricaacrosscountryempiricalanalysis