Showing 1 - 10 of 1,470
The relationship between oil price fluctuations and the trade balance of Turkey is the main concern of this paper …. Economic growth performance of Turkey depends on imported capital goods as well as imported oil. Oil price increases bring a …
Persistent link: https://www.econbiz.de/10012846933
Commodity terms of trade (CTOT) volatility is positively associated with sovereign credit spreads, leading to a higher cost of capital for producers in commodity-dependent countries. In this paper, we examine how volatile CTOT influences industries’ growth performance based on sector-level...
Persistent link: https://www.econbiz.de/10014243528
This paper investigated the effect of terms of trade growth and its volatility on economic growth in Sub-Saharan Africa. I employed dynamic panel data models of difference and system GMM that could account biases associated with endogeneity of explanatory variables and problems induced by...
Persistent link: https://www.econbiz.de/10011107298
We develop a new methodology to identify high-end variety exporters in French firm-level data. We show that they do not export to many more countries, but they export to more distant ones. This comes with a greater geographic diversification of their aggregate exports. These facts are explained...
Persistent link: https://www.econbiz.de/10010711712
The literature shows that openness to trade improves long-term growth but also that it may increase exposure to high output volatility. In this vein, our paper investigates whether exporting and export diversification at the firm level have an effect on the output volatility of firms. We use...
Persistent link: https://www.econbiz.de/10012992414
The Turkish economy has been facing account deficit problems in recent years and tourism revenues play an important role in financing this deficit. Tourism revenues are affected by exchange rate volatility and the effects of exchange rate volatility on tourism revenues need to be researched. The...
Persistent link: https://www.econbiz.de/10013028929
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010685969
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010699626
This paper studies the evolution of long-run output and labour productivity growth rates in the G-7 countries during the post-war period. We estimate the growth rates consistent with a constant unemployment rate using time-varying parameter models that incorporate both stochastic volatility and...
Persistent link: https://www.econbiz.de/10011823990
Turkey has experienced a rapid increase in exports during the last two decades. In addition, there has been a … how the exchange rate volatility affects Turkey's exports to its major partners namely, Belgium, France, Germany, Italy … volatility plays quite important role for Turkey's export, (ii) asymmetry matters for better understanding the volatility …
Persistent link: https://www.econbiz.de/10013269374