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We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a significant increase in non-resource GDP growth in...
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political institutions. -- commodity prices ; volatility ; democracy ; economic growth …
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How does volatility under dictatorship affect the likelihood of democratization? Most scholarship focuses on … variables estimation. The paper therefore provides an agent-based mechanism linking autocratic volatility to one prominent way …
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