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Preise für natürliche Ressourcen stehen im Spannungsverhältnis zwischen Ökologie und Fairness. So dient die Einführung und Erhöhung von Preisen auf der einen Seite dem Schutz der Umwelt, weil sie die Ressourcennachfrage verringern. Auf der anderen Seite drohen sie, arme...
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This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity-dependent countries. Using a large crosscountry dataset, we find that negative shocks matter for short-term growth, while the ex ante risk of shocks does not seem to...
Persistent link: https://www.econbiz.de/10009011706
Recent hikes and fluctuations in global commodity prices in 2007-11 have raised many issues. The present analysis is an attempted advancement to identify appropriate associations to volatile commodity prices by advancing existing analysis of S&P GSCI commodity spot price index is used as a proxy...
Persistent link: https://www.econbiz.de/10013088532
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity-dependent countries. Using a large cross-country dataset, we find that negative shocks matter for short-term growth, while the ex ante risk of shocks does not seem to...
Persistent link: https://www.econbiz.de/10013156363
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International commodity price shocks may have large impacts on producers in developing countries. In this paper, a unique household panel data from Ethiopia is utilized to show that a decrease in international coffee price has strong pass-through to the consumption of households that rely on...
Persistent link: https://www.econbiz.de/10014579730