Giovanni, Julian di; Levchenko, Andrei A. - Research Seminar in International Economics, University … - 2008
. This measure is strongly correlated with the volatility of terms-of-trade, total exports, and output, but does not exhibit … a close relationship to the level of income, overall trade openness, or other country characteristics. We then propose …, Michigan 48109-3091
Discusion Paper No. 581
The Risk Content of Exports:
A Portfolio View of International Trade …