Arezki, Rabah; Gylfason, Thorvaldur - In: Economic growth and development, (pp. 9-24). 2011
We use a new dataset on nonresource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970–2007. Our main finding is that commodity price volatility leads to a significant increase in nonresource GDP growth in...