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This study examines the impact of multiple shocks on assets by employing two waves of a panel data set of 360 rural households in three agro-ecological zones in Kenya. To control for unobserved heterogeneity, a "within" household fixed effects model was employed. One major finding is that...
Persistent link: https://www.econbiz.de/10011349418
We measure the impact of frequent exogeneous shocks on small ECCU economies, including changes to global economic activity, tourism flows, oil prices, passport sales, FDI, and natural disasters. Using Canonical-Correlation Analysis (CCA) and dynamic panel regression analysis we find significant...
Persistent link: https://www.econbiz.de/10013306756
activity to a financial uncertainty shock during the great recession. We replicate this evidence with an estimated DSGE … real activity of an uncertainty shock under different Taylor rules estimated with normal times vs. great recession data … (the latter associated with a stronger response to output). We find that the uncertainty shock-induced output loss …
Persistent link: https://www.econbiz.de/10012822498
The survival of firms under changes in the business environment caused by exogenous shocks may be explained using economic Darwinism. Exogenous shocks can cause "cleansing effects" as shocks clean out unproductive firms so that available resources are allocated to the remaining more productive...
Persistent link: https://www.econbiz.de/10011801461
The survival of firms under changes in the business environment caused by exogenous shocks can be explained using economic Darwinism. Exogenous shocks can cause ‘cleansing effects’. Shocks clean out unproductive firms so that available resources are allocated to the remaining more productive...
Persistent link: https://www.econbiz.de/10011853763
-ante study of the economic impacts of climate change, and an ex-post evaluation of the China productivity shock on the U …
Persistent link: https://www.econbiz.de/10014322891
substantial declines in employment - especially overall hours - in the sector in the wake of negative weather-related economic …
Persistent link: https://www.econbiz.de/10014388446
Population density gradients for South Africa's cities are quite small in absolute value, indicating a relatively flat population distribution across the cities. In contrast employment is less flatly distributed than the population. The relationship between employment densities and distance...
Persistent link: https://www.econbiz.de/10010280179
We estimate the production function for agricultural output in Eastern Africa incorporating climate variables disaggregated into growing and non-growing seasons. We find a substantial negative effect of within growing season variance of precipitation. We simulate predicted climate change for the...
Persistent link: https://www.econbiz.de/10012101021
This study examines the effect of climate on citywide labour productivity in the Accra city region. We use data from Ghana's Integrated Business and Establishment Survey dataset, climate data at the sub-city level from Ghana Meteorological Agency, and satellite and reanalysis data, as well as...
Persistent link: https://www.econbiz.de/10014548594