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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Not peer reviewed
Version:
Author's Original

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Institution:
University of Oxford
Department:
Social Sciences Division - Economics - Centre for the study of African Economies
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Institution:
University of Bristol
Department:
Department of Economics
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Funding agency for:
Jonathan R. W. Temple
Series:
CSAE working paper series
Publication date:
2005
URN:
uuid:c4b4ff48-cb79-4f84-b1b8-5c42f4f161d1
Local pid:
ora:2632

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