Do International Flows Increase Enrollment Rates?
Journal Publication ResearchOnline@JCUAbstract
This study examines the influence of foreign direct investment (FDI), overseas development aid (ODA), and remittances on the enrollment of girls and boys in 103 countries over the years 1970-2011. The results suggest that remittances have a contemporaneous robust significant influence on enrollment, with the positive effect being slightly higher for girls than for boys. FDI and ODA have an influence on the enrollment of girls and boys only after a significant time lag. The results also suggest that the impact of remittances on enrollment is increased through income and a well-developed financial sector; FDI through better institutions and a well-developed financial sector; and ODA through better government policy.
Journal
Macroeconomic Dynamics
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Volume
20
ISBN/ISSN
1469-8056
Edition
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Issue
4
Pages Count
22
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Publisher
Cambridge University Press
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Publisher Location
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Publish Date
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Date
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EISSN
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DOI
10.1017/S136510051400073X