agricultural tariffs, industrial tariffs, and revenue tariffs, for a sample of relatively well-developed countries between 1875 and … 1913. Industrial tariffs were positively correlated with growth. Agricultural tariffs were negatively correlated with … between revenue tariffs and growth. …

Cross-country evidence is presented on resource dependence and the link between volatility and growth. First, growth … depends negatively on volatility of unanticipated output growth independent of initial income per capita, the average … growth. Second, the adverse effect of resources on growth operates primarily through higher volatility. The positive effect …

history. Some of these commodities have been more volatile than others, and those with more volatile prices have grown slowly … new panel database for 35 countries, this paper estimates the impact of terms of trade volatility and secular change on … country performance between 1870 and 1939. Volatility was much more important for accumulation and growth than was secular …

positive effect on both growth and volatility of production across industries. The positive growth effect comes from increased …This paper analyzes the effects of financial liberalization on growth and volatility at the industry level in a large … sample of countries. We estimate the impact of liberalization on production, employment, firm entry, capital accumulation …

I revisit the relationship between growth and volatility in two different disaggregated datasets. I confirm that growth … and volatility are negatively related across countries, but show that the relation reverses itself across sectors. This … aggregate volatility that is common across sectors that correlates negatively with aggregate growth. Furthermore, while …