Socio-Economic Impact of Remittances in Rural Bangladesh: A Unit Analysis of the Age of Household Head

Abstract

This paper analysed the effect of the age the household head amongst 10 villages on the remittance determinants and their socioeconomic impacts of remittance receiving households in rural Bangladesh. Using micro-economic data from a survey conducted in 2013, statistical analysis was carried out on 300 rural households. The empirical findings provided that the valuable discrimination among the different age group of the household heads. The household unit analysis showed that remittance determinants and socio-economic impact vary from household head age group at the same community level of households. Moreover, relationship between the socioeconomic impact from remittance and demographic determinants also vary due to the age of the household head discrimination among the same rural area at the origin country.

Keywords: migration, remittance, age of the household head, determinants, socio-economic, impact

JEL Classification: A12, B21, C51, C81, D19, J19, R23