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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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Adeel Malik More by this author
Jonathan R. W. Temple More by this author
Volume:
WPS/2005-07
Series:
Working Paper Series
Publication date:
2005
URN:
uuid:ecb11408-3df9-4a6c-8099-06de7684a1fe
Local pid:
oai:economics.ouls.ox.ac.uk:13252
Language:
English

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