Dosi, Giovanni; Riccio, Federico; Virgillito, Maria Enrica - 2022
This paper, using a long-term, product-level cross-country dataset, analyzes the trade-growth nexus by introducing two … volatility of growth and the duration of growth episodes, identified as periods longer than 8 years of 2% average growth and …, even more, of exceptional growth episodes (≥5%). Our results, robust to a wide range of control variables, suggest that …