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Does social media drive remittances in Africa?
African Development Review ( IF 2.766 ) Pub Date : 2023-10-30 , DOI: 10.1111/1467-8268.12717
Bruno Emmanuel Ongo Nkoa 1 , Jacques Simon Song 2 , Blaise Ondoua Beyene 3 , Georges Ngnouwal Eloundou 4
Affiliation  

Social media in Africa has grown considerably over the past two decades and has fueled an extremely abundant literature. In this article, we examine their effects on remittances observed from a sample of 50 African countries. To achieve this, we specify and estimate a panel data model using the system generalized method of moments over the period 2009–2019. Our results show that social media, approximated by the Facebook penetration rate, increases remittances in Africa. Controlled by four complementary measures of social media (Instagram, YouTube, LinkedIn, Pinterest, and Twitter), our results remain stable and robust. We suggest a qualitative improvement in connectivity and the establishment of a traceability system to better control the volume and their orientation in the financing of productive economic activities.

中文翻译:

社交媒体是否推动了非洲的汇款?

过去二十年来,非洲的社交媒体发展迅速,催生了极其丰富的文献。在本文中,我们以 50 个非洲国家为样本,研究了它们对汇款的影响。为了实现这一目标,我们使用 2009-2019 年期间的系统广义矩方法指定并估计面板数据模型。我们的研究结果表明,社交媒体(以 Facebook 渗透率计算)增加了非洲的汇款。在社交媒体(Instagram、YouTube、LinkedIn、Pinterest 和 Twitter)四种补充指标的控制下,我们的业绩保持稳定和强劲。我们建议提高互联互通质量,建立追溯体系,更好地控制生产性经济活动融资的数量和方向。
更新日期:2023-10-30
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