Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/111495 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
ÖFSE Working Paper No. 52
Verlag: 
Austrian Foundation for Development Research (ÖFSE), Vienna
Zusammenfassung: 
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 economic structure, the degree of import and export dependence, the production structure of the key commodity sectors and the distribution of windfall profits.
Schlagwörter: 
Commodity Dependence
Price Volatility
Sub-Saharan Africa
Dokumentart: 
Working Paper

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