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180726s2018 xx |||||o 00| ||eng c |
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|a 10.1016/j.jpolmod.2018.02.008
|2 doi
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|a von Arnim, Rudiger
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|a Commodity price shocks and the distribution of income in commodity-dependent least-developed countries
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|c 2018transfer abstract
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|a Many least developed countries (LDCs) face commodity dependence on the export and import side. This paper develops a structuralist computable general equilibrium model for commodity-dependent LDCs and simulates global commodity price shocks for Burkina Faso, Ethiopia and Mozambique. Results show important macroeconomic and distributional effects. Although increasing export commodity prices are beneficial, the high correlation with import commodity prices causes low or even negative combined effects. The magnitude of effects depends on the degree of import and export dependence, the production structure of the key commodity sectors and policies that determine the distribution of windfall profits.
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|a Many least developed countries (LDCs) face commodity dependence on the export and import side. This paper develops a structuralist computable general equilibrium model for commodity-dependent LDCs and simulates global commodity price shocks for Burkina Faso, Ethiopia and Mozambique. Results show important macroeconomic and distributional effects. Although increasing export commodity prices are beneficial, the high correlation with import commodity prices causes low or even negative combined effects. The magnitude of effects depends on the degree of import and export dependence, the production structure of the key commodity sectors and policies that determine the distribution of windfall profits.
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|2 Elsevier
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1 |
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|a Tröster, Bernhard
|4 oth
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1 |
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|a Staritz, Cornelia
|4 oth
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| 700 |
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|a Raza, Werner
|4 oth
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|i Enthalten in
|n Elsevier
|a Lupberger, J. ELSEVIER
|t 369 EGFR SIGNALING IMPAIRS THE ANTIVIRAL ACTIVITY OF INTERFERON-ALPHA
|d 2013
|d JPMOD : a social science forum of world issues
|g Amsterdam [u.a.]
|w (DE-627)ELV016667247
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|g volume:40
|g year:2018
|g number:2
|g pages:434-451
|g extent:18
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|u https://doi.org/10.1016/j.jpolmod.2018.02.008
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