A smooth ride: Terms of trade, volatility and GDP growth
نویسندگان
چکیده
منابع مشابه
A smooth ride: Terms of trade, volatility and GDP growth
International evidence indicates that higher terms of trade levels and lower terms of trade volatility contribute to enhanced growth outcomes, especially for commodity-export and developing countries. New Zealand’s terms of trade have been high and remarkably stable since the early 1990s compared with past experience. We analyse the proximate reasons behind these high, stable terms of trade and...
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ژورنال
عنوان ژورنال: Journal of Asian Economics
سال: 2006
ISSN: 1049-0078
DOI: 10.1016/j.asieco.2006.06.005