Economic growth volatility and resource curse: the role of financial development
We assess whether well-developed financial systems can moderate the positive association between oil volatility and growth volatility. To this end, we follow Beck et al’s proposition (2006) and distinguish between two different kinds of volatility, that is, oil terms of trade volatility, which is re...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor's Business School, Taylor's University
2014
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| Online Access: | http://psasir.upm.edu.my/id/eprint/34391/1/Economic%20growth%20volatility%20and%20resource%20curse%20the%20role%20of%20financial%20development.pdf |