The impact of overseas Filipino workers' remittances on the education expenditures of Philippine households
| dc.contributor.advisor | Quimbo, Stella | |
| dc.contributor.author | Marcelo, Katrina Carr De Guzman | |
| dc.contributor.author | Ulep, Maria Crescencia Parojinog | |
| dc.date.accessioned | 2025-01-14T05:47:50Z | |
| dc.date.available | 2025-01-14T05:47:50Z | |
| dc.date.issued | 2004-03 | |
| dc.description.abstract | In the Philippines, studies have been conducted on the impact of Overseas Filipino Worker remittances on various areas such as savings and the Balance of Payment account. However, the notion that Filipinos migrate abroad to be able to finance the education of their children has largely been taken for granted, and has yet to be explored This paper examines the impact of OFW remittances on the family's educational expenditure. Using the Ordinary Least Squares regression method on the 1998 Annual Poverty Indicator Survey. the ratio of remittances to total expenditures was formulated. This variable emphasizes the extent of the household's dependence on remittances as a source of income. It bas exhibited that the more dependent the family is on remittances, the greater is ·their expenditure on education; thus, verifying the impression that Filipinos work abroad to be able to increase their financial capacity in order to send their children to school. The OFW remittances variable was determined to have a positive effect on educational spending. In effect. confirming the perception that OFW remittances serve as a channel for investments in education. This belief is further reinforced by results that have indicated that remittances are positively correlated with the net enrollment ratio at the secondary level. However, the elasticity model reveals that relative to remittances, expenditure on education is more responsive to changes in total income, net of remittances. Results also indicate that relative to the loss of a job by an OFW family member, domestic unemployment is more likely to· decrease the family's spending on education. This in effect. highlights the need for active government participation in crafting policies that will entice a potential OFW to choose to work within the nation. However, given the country's current high population growth rate and unemployment levels, overseas employment is inevitable. Policies should then be aimed at encouraging the Filipino overseas worker to direct their remittances to more productive activities, such as investing in education as opposed to investing in residential infrastructures. Furthermore, policies designed to facilitate the transfer of remittances from OFWs to their families should be strengthened. | |
| dc.identifier.uri | https://selib.upd.edu.ph/etdir/handle/123456789/3989 | |
| dc.language.iso | en | |
| dc.subject | Filipino workers | |
| dc.subject | Overseas Filipino workers | |
| dc.subject | Labor market | |
| dc.subject | Filipino remittances | |
| dc.subject | Remittances | |
| dc.subject | Education expenditures | |
| dc.title | The impact of overseas Filipino workers' remittances on the education expenditures of Philippine households | |
| dc.type | Thesis |