Remittances' Influence on Housing Construction Demand in Sub‐Saharan Africa: The Case of Kenya

Kagochi, John; Kiambigi, Maina

doi:10.1111/j.1467-8268.2012.00321.x

Cited by 22 publications

(15 citation statements)

References 18 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Also in SSA, saving and investment respond significantly to remittance flows (Baldé, ) and remittances have poverty‐reducing effect in Africa (Anyanwu and Erhijakpor, ). Remittances increase the demand for housing in Kenya (Kagochi and Kiambigi, ). Other evidence presented by Salisu () suggests that remittances encourage capital outflows in Africa.…”

Section: Related Literaturementioning

confidence: 99%

Remittances and Financial Development: Evidence from Sub‐Saharan Africa

Williams¹

2016

African Development Review

View full text Add to dashboard Cite

This paper uses 5-year non-overlapping panel data for the period 1970-2013 to study the effect that remittances have on financial development in sub-Saharan Africa (SSA). The paper further examines whether and how democratic institutions mediate the effect that remittances have on financial development. The panel estimates yield that remittances are significantly positively associated with financial development. The baseline estimates indicate that a 10 percent increase in remittances increases domestic private credit by 0.43 percent and the cumulative effect is around 1.84 percent. Democratic institutions do not significantly mediate the effect that remittances have on financial development in SSA. These results inform debates over remittances' role as an important source of development finance in SSA and suggest that policymakers can exploit the advantages of remittances by pursuing measures to ease the flows of remittances to the region.

show abstract

Section: Related Literaturementioning

confidence: 99%

Remittances and Financial Development: Evidence from Sub‐Saharan Africa

Williams¹

2016

African Development Review

View full text Add to dashboard Cite

show abstract

“…We use housing quality as our measure of welfare as there is strong body of evidence that suggests that remittances are often invested in the improvement of housing (e.g. Kagochi and Kiambigi 2012, Osili 2004, Durand et al 1996.…”

Section: Introductionmentioning

confidence: 99%

Following in their footsteps: an analysis of the impact of successive migration on rural household welfare in Ghana

Egger

Litchfield

2019

IZA J Develop Migration

View full text Add to dashboard Cite

We explore patterns of successive migration within rural households in Ghana and the impact that these successive migrants have on household welfare outcomes. Specifically, we use a household panel survey collected in 2013 and 2015. We exploit the panel nature of the data and a weighting method to overcome sources of bias. Welfare is measured with an index of housing quality. We find that successive migrants face lower migration costs, and few of them remit. We find no effect of sending a new migrant on the housing quality index. We conclude that the different nature of migration of successive migrants implies neither an economic gain for the household nor a loss. The reason is that the successive migration becomes less costly for migrants from households with prior migration experience, but at the same time, these migrants remit less or not at all compared to earlier waves of migrants.

show abstract

“…According to Adams and Cuecuecha (), households receiving remittances spend more at the margin on investment goods because they treat their remittance earnings as transitory (rather than permanent) income, and the marginal propensity to invest out of transitory income is higher than that for other sources of income. For instance, Kagochi and Kiambigi () found that remittances are one of the important drivers of construction demand in Kenya.…”

Section: Review Of the Literaturementioning

confidence: 99%

Capital Inflows and Exports Diversification in Sub‐Saharan Africa during the MDGs Era

Ouedraogo¹,

Sourouema²,

Zahonogo³

2018

African Development Review

View full text Add to dashboard Cite

This paper explores the impact of different forms of capital inflows, including foreign direct investment, foreign aid, portfolio investment, and remittances, on exports diversification in sub-Saharan Africa during the Millennium Development Goals (MDGs) era. We employ the Generalized Method of Moments (GMM) estimator to deal with the endogeneity issue. Using a sample of 35 countries over the period 2000-15, it shows that the impact of capital inflows on exports diversification depends on the type of capital. We find evidence that foreign aid, foreign direct investment, and remittances have positive effects on exports diversification, while portfolio inflows negatively affect exports diversification. Moreover, we find that the impact of capital inflows on exports diversification differs across the region of destination of the exported products. This study underscores the important role of international cooperation and capital inflows in sub-Saharan Africa, and lends support to policies aiming to attract foreign capital.

show abstract

Remittances' Influence on Housing Construction Demand in Sub‐Saharan Africa: The Case of Kenya

Cited by 22 publications

References 18 publications

Remittances and Financial Development: Evidence from Sub‐Saharan Africa

Remittances and Financial Development: Evidence from Sub‐Saharan Africa

Following in their footsteps: an analysis of the impact of successive migration on rural household welfare in Ghana

Capital Inflows and Exports Diversification in Sub‐Saharan Africa during the MDGs Era

Contact Info

Product

Resources

About