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Utilization of International Remittances in Bangladesh

Author

Listed:
  • Bezon Kumar

    (Department of Economics, Varendra University, Bangladesh)

  • Md. Elias Hossain

    (Department of Economics, Rajshahi University, Rajshahi-6205, Bangladesh)

  • Md. Ataul Gani Osmani

    (Department of Economics, Varendra University, Rajshahi-6204, Bangladesh.)

Abstract

The study explores the significant factors and utilization of international remittance in Bangladesh by using primary data from 84 migrant households. The study applies multiple linear regression model estimated by OLS method. The estimated results find that household size, training, skill, years at abroad and earnings significantly affect international remittance in Bangladesh. This indicates migrants remit home motivated by mixed views like, altruistic, loan repayment and exchange view. The study also finds 50.01 percent of remittance is utilized only in consumption of food purpose. The study suggests arranging training and skill enhancing programs to migrants and creating investment opportunities.

Suggested Citation

  • Bezon Kumar & Md. Elias Hossain & Md. Ataul Gani Osmani, 2018. "Utilization of International Remittances in Bangladesh," Remittances Review, Remittances Review, vol. 3(1), pages 5-18, May.
    • Handle: RePEc:mig:remrev:v:3:y:2018:i:1:p:5-18
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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. Imran Khan & Darshita Fulara Gunwant, 2023. "Is the remittance inflow to the Turkish economy sustainable? A glimpse of the future through the lens of the past," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 25(1), pages 34-51, June.
    3. Bezon Kumar, 2019. "The Impact of International Remittances on Poverty Alleviation in Bangladesh," Remittances Review, Remittances Review, vol. 4(1), pages 67-86, May.
    4. Rezwana Rahman & Nurun Naher Moni, 2019. "Impact of International Remittances on Poverty in Bangladesh: Evidence from the Household Data," Remittances Review, Remittances Review, vol. 4(1), pages 41-66, May.
    5. 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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