Ghirmay, Teame; Sharma, Subhash; Grabowski, Richard - In: The Journal of International Trade & Economic Development 8 (1999) 2, pp. 209-229
This paper seeks to examine the causal relationship between export instability. income terms of trade instability …, reverse causality is also tested by examining whether output and investment cause export instability and income terms of trade … income terms of trade is negatively related to output while the results for export instability are mixed. With respect to …