کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
962633 930131 2012 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Rainfall, financial development, and remittances: Evidence from Sub-Saharan Africa
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Rainfall, financial development, and remittances: Evidence from Sub-Saharan Africa
چکیده انگلیسی
We use annual variations in rainfall to examine the effects that exogenous, transitory income shocks have on remittances in a panel of 41 Sub-Saharan African countries during the period 1970-2007. Our main finding is that on average rainfall shocks have an insignificant contemporaneous effect on remittances. However, the marginal effect is significantly decreasing in the share of domestic credit to GDP. So much so, that at high levels of credit to GDP rainfall shocks have a significant negative effect on remittances, while at low levels of credit to GDP the effect of rainfall on remittances is significantly positive.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Economics - Volume 87, Issue 2, July 2012, Pages 377-385
نویسندگان
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