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...

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Hlavní autoři: Collier, P, Goderis, B
Médium: Working paper
Vydáno: University of Oxford 2008