This paper addresses the mechanisms by which trade openness affects growth volatility. Using a diverse set of export … effect of trade openness on growth volatility. The authors also identify positive thresholds for product diversification at … which the effect of openness on volatility changes sign. The effect is shown to be positive only for a minority of countries …

This paper addresses the mechanisms by which trade openness affects growth volatility. Using a diverse set of export … effect of trade openness on growth volatility. Indeed, the effect of openness on volatility is shown to be negative for a …

This paper addresses the mechanisms by which trade openness affects growth volatility. Using a diverse set of export … effect of trade openness on growth volatility. The authors also identify positive thresholds for product diversification at … which the effect of openness on volatility changes sign. The effect is shown to be positive only for a minority of countries …

the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …