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Such eyeballing of the data is supported by econometric analysis which further reveals that remittances enhance household savings, spending on education and health care, and help the poor move out of poverty. Analysis at the regional level shows that, ceteris paribus, remittances also appear to contribute importantly to regional development, although overall increases in regional incomes do not seem to benefit low income households as much as the upper income ones.
Migration, Remittances, Poverty and Inequality The Philippines By
Ernesto M. Pernia*
* Professor of Economics, University of the Philippines, Diliman, Quezon City 1101...
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