An analysis of the effects of remittances on public education expenditure
| dc.contributor.advisor | Kraft, Aleli D. | |
| dc.contributor.author | Baria, Steven B. | |
| dc.contributor.author | Guingguing, Ronn Patrick L. | |
| dc.date.accessioned | 2024-11-12T08:27:03Z | |
| dc.date.available | 2024-11-12T08:27:03Z | |
| dc.date.issued | 2012-10 | |
| dc.description.abstract | Two factors set the stage for this research: the upward trend of migration and remittances globally especially in the Philippines and the importance of government expenditure on education. It aims to find out the regional relationship and the direction of the effect of remittances on government appropriation to education. It also intends to analyze if the perceived effect of remittances on basic education expenditure is different from that of tertiary education, or vice-versa. A simple theoretical model where government intervention is motivated by the presence of credit constraints is employed. It presents two countervailing effects. First, an increase in remittances relaxes private liquidity constraints, leading to a shift from public to private spending. On the other hand, households might tend to send their children to school than to the labor market because of these remittances and thus an increase in the demand for educational services. From this framework, an inverted U-relationship between remittances and public education expenditure is expected. GMM estimation is employed. Results show that the inverted U-relationship is exhibited best in the utilization of basic education expenditure as the dependent variable. Using tertiary education expenditure exhibits the direct opposite relationship, while in the aggregate level the relationship becomes insignificant. | |
| dc.identifier.uri | https://selib.upd.edu.ph/etdir/handle/123456789/985 | |
| dc.language.iso | en | |
| dc.subject | Remittance | |
| dc.subject | Public education expenditure | |
| dc.subject | Education | |
| dc.title | An analysis of the effects of remittances on public education expenditure | |
| dc.type | Thesis |