Browsing by Author "Camagay, Daniel Caferino"

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    The effect of relative inequality on the Filipino household's spending of international remittances for human capital development
    (2009-11) Camagay, Daniel Caferino; Samson, Camille
    This study explores the impact of international remittances on the Filipino household's consumption of pre-selected expenditure groups with a focus on spending in human capital development, i.e. education and health care. In addition, since relative deprivation has been found to increase the tendency of a household member to migrate, its role as a driver of human capital spending is looked into as well. The relative inequality of a household is estimated using .. three measures: relative income position, regional Gini coefficients and regional poverty incidence. Since each expenditure item is measured as a share in total household budget, the relative change in each share induced by remittance income is accounted for with respect to changes in the other expenditure shares of the same household due to the same flow of remittance income. The Seemingly Unrelated Regression model allows us to do this. Results yield that there is empirical evidence to conclude that it is the household's experienced relative inequality that motivates greater spending in human capital development per unit of remittance income received.