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This study examines the effects of terms of trade and its volatility on economic growth for a sample of 94 developed … estimation results indicate significant positive effect of terms of trade on economic growth. Furthermore, volatility of terms of … has been performed using different additional variables, sample size and various proxies of volatility variable. The …
Persistent link: https://www.econbiz.de/10009203631
This paper investigated the effect of terms of trade growth and its volatility on economic growth in Sub-Saharan Africa … effect on economic growth. Furthermore, the result proved that volatility of net barter terms of trade and income terms of … volatility measures. …
Persistent link: https://www.econbiz.de/10011107298
This study investigates the effect of terms of trade and its volatility on economic growth in India by using the annual … between terms of trade and economic growth. On the other hand, volatility of terms of trade has negative and significant … exports to minimize the volatility in terms of trade to ensure economic growth in the country. …
Persistent link: https://www.econbiz.de/10011111036
countries. This paper tests the effects of price uncertainty (volatility) on economic growth. The model is constructed using a … effect on growth on developing countries. Despite volatility series are not constant through time, we found a homogenous …
Persistent link: https://www.econbiz.de/10008529291
Changes in international trade flows and world prices are major channels through which the global financial crisis will hit developing countries. The recession in the ‘global North’ triggered by the financial crisis and the resulting slowdown of growth in China and other major...
Persistent link: https://www.econbiz.de/10010609991
In this paper I describe certain results that were obtained in the UNITAR project based on a model I have specified for studying the relationship between international terms of trade and domestic income distributions of the exporting countries within the South. In particular, I shall concentrate...
Persistent link: https://www.econbiz.de/10005835749
This paper assesses the nature of the economic relationships which evolved between members of the Organization of Petroleum Exporting Countries and the non-oil less developed countries in the several years following the oil shocks of 1973 and 1974. Since these relationships can be appraised only...
Persistent link: https://www.econbiz.de/10008531915
Changes in international trade flows and world prices are major channels through which the global financial crisis will hit developing countries. The recession in the "global North" triggered by the financial crisis and the resulting slowdown of growth in China and other major emerging economies...
Persistent link: https://www.econbiz.de/10005042713
The first two sections of the paper are devoted to a combination of Kuznets and structuralist stories, where we ask how the agricultural/nonagricultural terms of trade and income distribution must adjust to permit both savings and investment and commodity market balance to be assured. It will be...
Persistent link: https://www.econbiz.de/10005620055
The aim of this study is to examine the long-run relationship between the current account and relative prices such as terms of trade and real exchange rate for the emerging economies. These variables have been exposed to large fluctuations for more than the last two decades nearly in all...
Persistent link: https://www.econbiz.de/10008764719