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Persistent link: https://www.econbiz.de/10011748337
This paper studies the impact of the level and volatility of commodity terms of trade on economic growth, as well as on …. We argue that volatility, rather than abundance per se, drives the "resource curse" paradox and also investigate …, volatility exerts a negative impact on economic growth operating mainly through lower accumulation of physical capital. Our …
Persistent link: https://www.econbiz.de/10008856432
Persistent link: https://www.econbiz.de/10009424700
This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well … of trade growth enhances real output per capita, volatility exerts a negative impact on economic growth operating mainly … trade volatility offset the positive impact of commodity booms; and export diversification of primary commodity abundant …
Persistent link: https://www.econbiz.de/10013114716
This paper studies the impact of commodity terms of trade (CToT) volatility on economic growth (and its sources) in a …-sectional dependence, and feedback effects. We find that while CToT volatility exerts a negative impact on economic growth (operating …
Persistent link: https://www.econbiz.de/10012963089
This paper studies the impact of commodity terms of trade (CToT) volatility on economic growth (and its sources) in a …-sectional dependence, and feedback effects. We find that while CToT volatility exerts a negative impact on economic growth (operating …
Persistent link: https://www.econbiz.de/10012963315
China's GDP growth slowdown and a surge in global financial market volatility could both adversely affect an already … volatility could translate into a fall in world economic growth of around 0:29 percentage points, but it could also have negative …
Persistent link: https://www.econbiz.de/10012969747
China's GDP growth slowdown and a surge in global financial market volatility could both adversely affect an already … volatility could translate into a fall in world economic growth of around 0.29 percentage points, but it could also have negative …
Persistent link: https://www.econbiz.de/10012983788
Persistent link: https://www.econbiz.de/10013206041
Covid-19. We show that there exist threshold effects in the relationship between output growth and excess global volatility …
Persistent link: https://www.econbiz.de/10012293790