Shocks and growth: adaptation, precaution and compensation.

In this paper we investigate how a wide array of types of shock arising from world prices, natural events, and political violence affect growth. Our results suggest that the impact from political shocks are far greater than from natural shocks. However, our preliminary cointegration results suggest...

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Bibliographic Details
Main Authors: Goderis, B, Collier, P, Hoeffler, A
Format: Conference item
Language:English
Published: 2006

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