The geography of output volatility
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 instituti...
| Huvudupphovsmän: | , |
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| Materialtyp: | Working paper |
| Språk: | English |
| Publicerad: |
2005
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| Ämnen: |
| _version_ | 1826295464218066944 |
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| author | Malik, A Temple, J |
| author_facet | Malik, A Temple, J |
| author_sort | Malik, A |
| collection | OXFORD |
| description | 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 results are based on Bayesian methods that allow us to address formally the problem of model uncertainty and to examine robustness across a wide range of specifications. |
| first_indexed | 2024-03-07T04:01:26Z |
| format | Working paper |
| id | oxford-uuid:c4b4ff48-cb79-4f84-b1b8-5c42f4f161d1 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T04:01:26Z |
| publishDate | 2005 |
| record_format | dspace |
| spelling | oxford-uuid:c4b4ff48-cb79-4f84-b1b8-5c42f4f161d12022-03-27T06:25:32ZThe geography of output volatilityWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:c4b4ff48-cb79-4f84-b1b8-5c42f4f161d1Macro and international economicsEconomicsDevelopment economicsEnglishOxford University Research Archive - Valet2005Malik, ATemple, JThis 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 results are based on Bayesian methods that allow us to address formally the problem of model uncertainty and to examine robustness across a wide range of specifications. |
| spellingShingle | Macro and international economics Economics Development economics Malik, A Temple, J The geography of output volatility |
| title | The geography of output volatility |
| title_full | The geography of output volatility |
| title_fullStr | The geography of output volatility |
| title_full_unstemmed | The geography of output volatility |
| title_short | The geography of output volatility |
| title_sort | geography of output volatility |
| topic | Macro and international economics Economics Development economics |
| work_keys_str_mv | AT malika thegeographyofoutputvolatility AT templej thegeographyofoutputvolatility AT malika geographyofoutputvolatility AT templej geographyofoutputvolatility |