Bejan, Maria - Volkswirtschaftliche Fakultät, … - 2006
This paper studies the effect of trade openness on output volatility. We find that trade openness generally increased … control for government size and some measures of external risk, such as terms of trade volatility and export concentration … output volatility, although this effect was stronger and more significant during 1950-1975 than during 1975-2000. However, if …