Showing 1 - 10 of 344
The overall goal of this paper is to analyse the political economy of food price policies in China during the global food crisis. The results show that given China's unique economic and political context and the nature of its agricultural markets, the government's reaction to the crisis was...
Persistent link: https://www.econbiz.de/10009727279
The 2007-09 price shocks affected in particular the prices of food commodities and fuel. As a consequence, Mozambique experienced reduced exports, more expensive imports and increased food and oil prices, contributing to the stagnant poverty rates registered in 2008/9. Our analysis finds, first,...
Persistent link: https://www.econbiz.de/10009727283
Agriculture and food cultivation production remains a key sector in the Vietnamese economy in terms of productive activities, income generation, and national export earnings. Higher world market prices should therefore in principle have a beneficial impact on rural farmers. This is based however...
Persistent link: https://www.econbiz.de/10010235861
This study considers the implications of alternative monetary policy regimes to deal with a laissez-faire fiscal policy rule, where the government completely spends resource revenue windfall contemporaneously. A three sector dynamic stochastic general equilibrium model, which features key...
Persistent link: https://www.econbiz.de/10011456170
Commodity price shocks are an important type of external shock and are often cited as a problem for economic growth in … sub-Saharan Africa. This paper quantifies the impact of agricultural commodity price shocks using a near vector … definition of a price shock that allows us to determine whether the response of per capita Gross domestic product (GDP) growth in …
Persistent link: https://www.econbiz.de/10010189028
response of commodity prices to the shock. …
Persistent link: https://www.econbiz.de/10012320991
Mozambique is among the most disaster-prone countries in the world. A bigger than usual, and mostly unexpected, flood occurred in the central-northern region of the country in the first few months of 2015, causing huge damage to infrastructures. In this paper, we use a nationally representative...
Persistent link: https://www.econbiz.de/10012025748
This paper studies the legacies of wartime institutions, measured as rebelocracy, on the ability of households to cope with negative income shocks. Rebelocracy is the social order established by non-state armed actors in the communities they control. By providing public goods and a predictable...
Persistent link: https://www.econbiz.de/10012129665
Digital labour platforms have grown five-fold over the last decade, enabling significant expansion in gig work worldwide. We interrogate the criticism that these platforms tend to amplify aggregate economic shocks for registered users (workers). Based on the universe of records from a matching...
Persistent link: https://www.econbiz.de/10013380682
Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address this gap by: (i) specifying a structural model of...
Persistent link: https://www.econbiz.de/10009260998