Commodity prices and growth: An empirical investigation.

Whereas empirical evidence on the effect of higher commodity prices on the long-run growth of commodity exporters is ambiguous, time series analyses using vector autoregressive (VAR) models have found that commodity booms raise income in the short run. In this paper we adopt panel error correction m...

Full description

Bibliographic Details
Main Authors: Collier, P, Goderis, B
Format: Journal article
Language:English
Published: Elsevier 2012