Titre : | Do remittances dampen the effect of natural disasters on output growth volatility in developing countries? (2013) |
Auteurs : | Jean-Louis Combes, Auteur ; Christian Hubert Ebeke, Auteur |
Type de document : | Article : Revues - Articles |
Dans : | Applied economics (Vol. 45 N°16, 2013) |
Article en page(s) : | pp. 2241-2254 |
Langues: | Français |
Catégories : |
[Eurovoc] ÉCONOMIE > situation économique > développement économique > pays en développement [Eurovoc] ENVIRONNEMENT > détérioration de l'environnement > dégradation de l'environnement > désastre naturel [Eurovoc] FINANCES > libre circulation des capitaux > saorghluaiseacht chaipitil > mouvement de capitaux |
Tags : | natural disasters ; output growth volatility ; remittances |
Résumé : | This article examines whether or not remittance inflows help mitigate the effects of natural disasters on the volatility of the real output per capita growth rate. 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 the Gross Domestic Product (GDP). However, remittances aggravate the destabilizing effects of natural disasters when they exceed 17% of the GDP. Finally, the article shows that current and lagged remittance inflows significantly reduce the number of people killed by natural disasters and the number of people affected, respectively. |
Doi : | DOI : 10.1080/00036846.2012.659347 |
Axe de recherche : | Financement du développement |
En ligne : | https://halshs.archives-ouvertes.fr/halshs-00913613 |