The Impact of International Remittance Flows on Household Consumption Expenditure in Zimbabwe from 2000 to 2022
- Author
- Wellencky Nyamayaro
- Title
- The Impact of International Remittance Flows on Household Consumption Expenditure in Zimbabwe from 2000 to 2022
- Abstract
- This research examines how money sent home by Zimbabweans working abroad (international remittances) affects how much households spend (consumption expenditure) between 2000 and 2022. It builds on a previous study by Mondal and Khanam (2018) that looked at a similar question for developing countries up to 2016. This study improves on the earlier work by using more recent data, including additional factors that might influence spending, and by analyzing the impact on spending in both the short term and long term. The findings suggest that remittances can increase household spending, but the effect is not substantial. Further tests were conducted to strengthen these results. These tests showed an impact on spending in the short term, but not in the long term. Given that overall spending is crucial for household well-being, these results suggest that money sent home by Zimbabweans abroad can significantly improve household well-being in the short term. This happens by reducing the ups and downs of household spending in Zimbabwe.
- Date
- 2024
- Publisher
- BUSE
- Keywords
- Remittance Flows
- Expenditure
- Supervisor
- N/A
- Item sets
- Department of Banking and Finance
- Media
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Wellencky Nyamayaro.pdf