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This paper examines the impact of climatic change on the level of total agricultural production of Sub-Saharan Africa (SSA) and non-Sub-Sahara Africa (NSSA) developing countries. In doing so it uses a new cross-country panel climatic dataset in an agricultural production framework. The results...
Persistent link: https://www.econbiz.de/10005185510
The paper presents a theoretical and empirical analysis of a donors choice of the composition of unrestricted and in-kind/restricted transfers to a recipient and how this composition is adjusted in response to changes in the moral hazard behavior of the recipient. In-kind or restricted transfers...
Persistent link: https://www.econbiz.de/10008565020
This paper investigates the impact of aid on growth. A clear departure from the vast majority of the existing literature is that we a disaggregate aid by functional classification. Using the GMM SYS approach to dynamic panel estimator we test the three main competing specifications in the aid...
Persistent link: https://www.econbiz.de/10008565059
We study how a donor can use restricted transfers to control the moral hazard behavior of a recipient and how the composition of unrestricted and restricted transfers is adjusted in response to changes in the moral hazard behavior of the recipient. Under certain conditions, our game-theoretic...
Persistent link: https://www.econbiz.de/10010698321
This paper empirically traces the fiscal impacts of hurricane strikes. To this end, a hurricane damage index is derived from a physical wind field model for a panel of Caribbean countries over 36years. Results, based on panel VAR and impulse response functions analysis, show that, overall,...
Persistent link: https://www.econbiz.de/10010608169
We explore the fiscal impacts of hurricane strikes. To this end we derive a damage index from a physical wind field model, and assemble a panel data set of Caribbean countries over 36 years. Our results, based on panel var and impulse response frameworks, show that a typical strike significantly...
Persistent link: https://www.econbiz.de/10010754826
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