Remittances and entrepreneurship: Determining the type of remittances which affects entrepreneurship in the Philippines

Date of Publication

9-18-2021

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Arts Major in Economics

Subject Categories

Economics

College

School of Economics

Department/Unit

Economics

Thesis Advisor

Tereso Tullao, Jr.
Myrna Austria
Ella Oplas
Winfred Villamil

Defense Panel Chair

Tereso Tullao, Jr.

Defense Panel Member

Myrna Austria
Ella Oplas
Winfred Villamil

Abstract/Summary

The Philippines has been one of the largest suppliers of migrant workers, thus, it also has one of the highest remittance inflows. These monetary inflows increase the income of households which enables them to increase their consumption and investment levels. Therefore, if the monetary inflows were allocated towards productive investments, such as entrepreneurial activities, it will have the capacity to further increase and support the economic growth of the Philippines. This paper focuses on the relationship between remittances (foreign and domestic) and entrepreneurial engagement. The propensity score matching method (PSM) was used to estimate the likelihood of the remittance recipients to engage in entrepreneurial activity and the results showed that both foreign and domestic remittances have a positive impact on entrepreneurship.

Abstract Format

html

Language

English

Format

Electronic

Keywords

Emigrant remittances—Philippines; Migrant remittances—Philippines; Entrepreneurship—Philippines

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Embargo Period

9-18-2023

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