Kataryniuk, Iván; Martínez Martín, Jaime - 2017
prices. Our results suggest that: i) the relationship of commodity prices to TFP growth has been very high in small commodity …-exporting economies (i.e. an increase of 10% in commodity prices is associated with a sizable expansion of TFP growth in a year for an … explanations, our results favour an interpretation that weights short-term effects of commodity prices on productivity, either …