This paper studies the impact of the level and volatility of commodity terms of trade on economic growth, as well as on …. We argue that volatility, rather than abundance per se, drives the "resource curse" paradox and also investigate …, volatility exerts a negative impact on economic growth operating mainly through lower accumulation of physical capital. Our …

This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well … of trade growth enhances real output per capita, volatility exerts a negative impact on economic growth operating mainly … trade volatility offset the positive impact of commodity booms; and export diversification of primary commodity abundant …

This paper studies the impact of commodity terms of trade (CToT) volatility on economic growth (and its sources) in a …-sectional dependence, and feedback effects. We find that while CToT volatility exerts a negative impact on economic growth (operating …

This paper studies the impact of commodity terms of trade (CToT) volatility on economic growth (and its sources) in a …-sectional dependence, and feedback effects. We find that while CToT volatility exerts a negative impact on economic growth (operating …

China's GDP growth slowdown and a surge in global financial market volatility could both adversely affect an already … volatility could translate into a fall in world economic growth of around 0:29 percentage points, but it could also have negative …

China's GDP growth slowdown and a surge in global financial market volatility could both adversely affect an already … volatility could translate into a fall in world economic growth of around 0.29 percentage points, but it could also have negative …