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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by HAL in its series Working Papers with number halshs-00552220.
Date of creation: 05 Jan 2011
Date of revision:
Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00552220/en/
Contact details of provider:
Web page: http://hal.archives-ouvertes.fr/
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 & Francis Journals, vol. 45(16), pages 2241-2254, June.
- Christian EBEKE & Jean-Louis COMBES, 2010. "Do remittances dampen the effect of natural disasters on output growth volatility in developing countries?," Working Papers 201031, CERDI.
- 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
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.:
- Julian di Giovanni & Andrei A. Levchenko, 2009.
"Trade Openness and Volatility,"
The Review of Economics and Statistics,
MIT Press, vol. 91(3), pages 558-585, August.
- Andrei A. Levchenko & Julian di Giovanni, 2008. "Trade Openness and Volatility," IMF Working Papers 08/146, International Monetary Fund.
- Julian di Giovanni & Andrei A. Levchenko, 2006. "Trade Openness and Volatility," Development Working Papers 219, Centro Studi Luca d\'Agliano, University of Milano.
- Christian EBEKE & Jean-Louis COMBES, 2010.
"Remittances and Household Consumption Instability in Developing Countries,"
- Combes, Jean-Louis & Ebeke, Christian, 2011. "Remittances and Household Consumption Instability in Developing Countries," World Development, Elsevier, vol. 39(7), pages 1076-1089, July.
- 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD).
If references are entirely missing, you can add them using this form.