Remittances and households’ savings behaviour in Bangladesh

IF 3.1 Q2 BUSINESS
S. Salahuddin, M. M. Masud, Kwek Kian Teng
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引用次数: 3

Abstract

Purpose The purpose of this study is to examine the impact of remittance inflow on households’ savings behaviour in Bangladesh. Remittances are considered as the countercyclical flow of income for its recipient economies. It surges the liquidity of the households receiving remittances, allows them to endure local economic shocks and facilitates them to practice productive activities. Remittances often form a big pool of resources for investment which complement the national savings and support the country’s growth through higher rates of capital accumulation. Therefore, if a significant portion of the remittance is used for savings it can lead to prominent economic growth in the long term. Design/methodology/approach Existing literature indicates remittance-receiving households have a greater propensity to use remittance income to meet basic consumption. However, based on the survey conducted by the Bangladesh Bureau of Statistics on remittances and household savings (SIR, 2016) and using the ordinary least square regression analysis method, to identify the connection between remittances and household’s saving (SIR, 2016) and using the ordinary least square regression analysis method, to identify the connection between remittances and household’s savings behaviour in Bangladesh. Findings The findings of this study represent remittances encourage households to pursue different kinds of savings in Bangladesh. Savings are made in the form of opening savings accounts, deposit pension scheme/fixed deposits/Bonds, insurance policies, also savings through non-governmental organizations, cooperative societies and savings at home. Other than remittances the demographic characteristics of the household head also influence the savings choices. Originality/value To enable the implementation of appropriate policies to boost savings, analysis from both perspectives; the household and the national level, requires strong vigilance and surveillance.
孟加拉国的汇款和家庭储蓄行为
目的本研究旨在检验汇款流入对孟加拉国家庭储蓄行为的影响。汇款被视为受援国经济的反周期收入流动。它增加了接受汇款的家庭的流动性,使他们能够承受当地的经济冲击,并为他们从事生产活动提供便利。汇款通常形成一个巨大的投资资源库,补充国民储蓄,并通过更高的资本积累率支持国家增长。因此,如果汇款的很大一部分用于储蓄,从长远来看,可以带来显著的经济增长。设计/方法/方法现有文献表明,接受汇款的家庭更倾向于使用汇款收入来满足基本消费。然而,基于孟加拉国统计局对汇款和家庭储蓄的调查(SIR,2016),并使用普通最小二乘回归分析方法,确定汇款与家庭储蓄之间的联系(SIR(2016)),并采用普通最小二乘回归方法,以确定汇款与孟加拉国家庭储蓄行为之间的联系。这项研究的结果代表了汇款鼓励孟加拉国家庭追求不同类型的储蓄。储蓄的形式包括开立储蓄账户、存款养老金计划/定期存款/债券、保险单,以及通过非政府组织、合作社储蓄和在家储蓄。除了汇款,户主的人口特征也影响储蓄选择。独创性/价值使实施适当的政策以促进储蓄,从两个角度进行分析;家庭和国家层面,需要高度警惕和监督。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
5.60
自引率
18.80%
发文量
35
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