Do remittances dampen the effect of natural disasters on output growth volatility in developing countries?

Christian Hubert Ebeke () and Jean-Louis Combes

No 201031, Working Papers from CERDI

Abstract: This 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.

Keywords: Natural disasters; Output growth volatility; Remittances (search for similar items in EconPapers)
JEL-codes: E32 F20 Q54 (search for similar items in EconPapers)
Pages: 28
Date: 2010
New Economics Papers: this item is included in nep-dev and nep-mig
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Related works:
Journal Article: Do remittances dampen the effect of natural disasters on output growth volatility in developing countries? (2013)
Working Paper: Do remittances dampen the effect of natural disasters on output growth volatility in developing countries? (2013)
Working Paper: Do remittances dampen the effect of natural disasters on output growth volatility in developing countries? (2011)
Working Paper: Do remittances dampen the effect of natural disasters on output growth volatility in developing countries? (2011)
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