Do remittances dampen the effect of natural disasters on output growth volatility in developing countries?
AbstractThis paper analyzes the impact of natural disasters on the output growth volatility. Using a large sample of developing countries and mobilizing a dynamic panel data framework, it uncovers a diminishing macroeconomic destabilizing consequence of natural disasters as remittance inflows rise. It appears that the effect of natural disasters disappears for a remittance ratio above 8% of GDP. However, remittances aggravate the destabilizing effects of natural disasters when they exceed 17% of GDP.
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Bibliographic InfoPaper provided by CERDI in its series Working Papers with number 201031.
Date of creation: 2010
Date of revision:
Natural disasters; output growth volatility; Remittances;
Other versions of this item:
- Christian Ebeke & Jean-Louis Combes, 2013. "Do remittances dampen the effect of natural disasters on output growth volatility in developing countries?," Applied Economics, Taylor and Francis Journals, vol. 45(16), pages 2241-2254, June.
- Jean-Louis Combes & Christian Ebeke, 2011. "Do remittances dampen the effect of natural disasters on output growth volatility in developing countries?," Working Papers halshs-00552220, HAL.
- F20 - International Economics - - International Factor Movements and International Business - - - General
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-11-20 (All new papers)
- NEP-DEV-2010-11-20 (Development)
- NEP-MIG-2010-11-20 (Economics of Human Migration)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"Trade Openness and Volatility,"
Development Working Papers
219, Centro Studi Luca d\'Agliano, University of Milano.
- Combes, Jean-Louis & Ebeke, Christian, 2011.
"Remittances and Household Consumption Instability in Developing Countries,"
Elsevier, vol. 39(7), pages 1076-1089, July.
- Christian EBEKE & Jean-Louis COMBES, 2010. "Remittances and Household Consumption Instability in Developing Countries," Working Papers 201015, CERDI.
- Jean-Louis Combes & Christian Ebeke, 2011. "Remittances and Household Consumption Instability in Developing Countries," Working Papers halshs-00552245, HAL.
- Bekaert, Geert & Harvey, Campbell R. & Lundblad, Christian, 2006.
"Growth volatility and financial liberalization,"
Journal of International Money and Finance,
Elsevier, vol. 25(3), pages 370-403, April.
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