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

Jean-Louis Combes and Christian Hubert Ebeke ()
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Christian Hubert Ebeke: CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique

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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)
Date: 2011-01-05
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00552220
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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? (2010)
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