Persaud, Suresh Chand; Meade, Birgit Gisela Saager - Economic Research Service, Department of Agriculture - 2009
) when tobacco exports are falling is almost three times greater than the increase in GDP when exports are rising. Model …-based simulations indicate that variability in tobacco exports leads to slower economic growth because GDP falls by a relatively large … amount in response to a given decrease in exports, while recovering little during an upswing in exports. Gains in tobacco …