Combes, Jean-Louis
[VerfasserIn]
;
Ebeke, Christian
[Sonstige Person, Familie und Körperschaft];
Etoundi, Mireille Ntsama
[Sonstige Person, Familie und Körperschaft];
Yogo, Thierry
[Sonstige Person, Familie und Körperschaft]
Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks?
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 2012 erstellt
Beschreibung:
This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid inflows significantly dampen the effect of food price shocks in the most vulnerable countries. Second, a lower remittance-to-GDP ratio is required in order to fully absorb the effects of food price shocks compared to the corresponding aid-to-GDP ratio