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International remittances’ impact on household welfare and food security in Bangladesh: evidence from cross-sectional data

Author

Listed:
  • Paresh Kumar Sarma

    (Bangladesh Agricultural University)

  • Mohammad Jahangir Alam

    (Bangladesh Agricultural University)

  • Ismat Ara Begum

    (Bangladesh Agricultural University)

Abstract

This study aims to examine the impact of international remittances on household welfare and food security in the southern delta region of Bangladesh. The two-stage random sampling technique was used to collect 1755 cross-sectional data through face-to-face interviews in 2020–2021. The probit regression model, and propensity score matching methods were used to analyze the collected data. The results indicated that household welfare and food security are positively associated with remittances. The study also revealed that remittances positively correlated with the household's family size, dependency ratio, nonfood expenditure, and food security indices such as; Household Food Security Survey (HFSS), Coping Strategy Index (CSI), Household Dietary Diversity Score (HDDS), Food Consumption Score (FCS), and Coping Strategy Index (CSI) which helps to reduce households' unexpected food-related shocks, increase diet quality, and provide coping strategies by receiving remittances. Thus, proper nursing of remittances could be a very effective tool for increasing household welfare and food security in a developing country like Bangladesh.

Suggested Citation

  • Paresh Kumar Sarma & Mohammad Jahangir Alam & Ismat Ara Begum, 2023. "International remittances’ impact on household welfare and food security in Bangladesh: evidence from cross-sectional data," SN Business & Economics, Springer, vol. 3(1), pages 1-17, January.
    • Handle: RePEc:spr:snbeco:v:3:y:2023:i:1:d:10.1007_s43546-022-00388-y
    DOI: 10.1007/s43546-022-00388-y
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