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The geography of output volatility

Abstract:

This paper examines the structural determinants of output volatility in developing countries, and especially the roles of geography and institutions. We investigate the volatility effects of market access, climate variability, the geographic predisposition to trade, and various measures of institutional quality. We find an especially important role for market access: remote countries are more likely to have undiversified exports and to experience greater volatility in output growth. Our resul...

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Publication status:
Published
Peer review status:
Not peer reviewed

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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Sub department:
CSAE
Role:
Author
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Institution:
University of Bristol
Department:
Department of Economics
Role:
Author
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Funding agency for:
Temple, J
Grant:
Philip Leverhulme Prize Fellowship scheme
Series:
CSAE working paper series
Place of publication:
http://www.csae.ox.ac.uk/workingpapers/main-wps.html
Publication date:
2005-01-01
Language:
English
Keywords:
Subjects:
UUID:
uuid:c4b4ff48-cb79-4f84-b1b8-5c42f4f161d1
Local pid:
ora:2632
Deposit date:
2009-03-02

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