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_a _aThe Impact of remittances on the youth's human resource development, employment and entrepreneurship: evidence from Philippine CBMS data _d _b _n _c _h6 _p |
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_a _aABSTRACT : International migration has been a significant avenue for many Filipinos to make use of interspatial differences in purchasing power, to send home remitannces, and to maximize household income. However, migration has had a stigma of being disruptive to children's educational outcomes, and remittances have been noted to cause dependence among working age members. This study estimates the impact of remittances on the human resource development, employment and entrepreneurial outcomes and choices of the Philippine youth, individuals aged fifteen to thirty, using CBMS data census of selected De La Salle school communities. I employ an instrumental variable multinomial logistic regression to look at the impact of remittances on human resource development outcomes, that is, whether a young person is working, studying both, or neither and find that those in households receiving remittances are more likely to end up studying than working or being idle. This serves as evidence against the stigma that remittances cause dependency or idleness. I employ the same empirical strategy to look at the impact of remittances on employment outcomes, that is whether a young person is working in a private household, a public/private establishment, self-employment, working in a family-run business, or not working find that they are most likely to work for a private household or a public/private establishment rather than be self-employed which paints a sad picture for entrepreneurship. I calculate the average treatment effect on the treated (ATT) of remittances on households' propensity to be engaged in entrepreneurial activity, and find that remittances have little to no impact (and at times negative) on the likelihood of households and individual being engaged in entrepreneurship.Overall, though the impact of remittances maybe lackluster for employment and entreneurship, it encourages the accumulation of human capital. _d _b _c56 |
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_x _x _aINTERNATIONAL MIGRATION;ENTREPRENURSHIP _d _b _zHUMAN RESOURCE DEVELOPMENT ;COMMUNITY-BASED MONITORING SYSTEM _y _2sears;sears0 _v |
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_i _i _t _c _b _s1 _q _f _k40 _p _d _e _aChristopher James R. Cabuay _l _n6 |
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_b _b _t _c _e _f _k40 _p _d5 _l _n6 _aDLSU Business & Economics Review. v27.n1 (July 2017). pp.28-58 |
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