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Impacts of Agricultural Aid, Remittances, and Climate Change on Macroeconomic Volatility in Africa
아프리카 국가들의 경제성장률 변동성에 영향을 미치는 요인 분석아프리카 국가들의 경제성장률 변동성에 영향을 미치는 요인 분석

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Authors
유수빈
Advisor
김태윤
Major
국제농업기술대학원 국제농업기술학과
Issue Date
2016-08
Publisher
서울대학교 국제농업기술대학원
Keywords
GDP growth rate volatilityremittancesagricultural aidnatural disasterclimate change
Description
학위논문 (석사)-- 서울대학교 국제농업기술대학원 : 국제농업기술학과, 2016. 8. 김태윤.
Abstract
This study investigates the effect of remittances and agricultural aid inflows on GDP growth rate volatility in response to environmental shocks indicated by four climate variables in twenty-eight African countries using three years grouped data from 1996 to 2013 with the system generalized method of moments. Consequently, natural disasters and temperature variability have a significant effect on GDP volatility, while rainfall variability and the weighted anomaly standardized precipitation (WASP) index have no adverse consequence on stabilization of the economy. However, in general, remittances and agricultural aid are helpful to stabilize the economy and especially remittances inflows can play a crucial role as insurance when natural disasters occur.
Language
English
URI
https://hdl.handle.net/10371/127126
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Graduate School of International Agricultural Technology (국제농업기술대학원)Dept. of International Agricultural Technology (국제농업기술학과)Theses (Master's Degree_국제농업기술학과)
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