Growth volatility and resource curse: does financial development dampen the oil shocks?
We assess whether well-developed financial system can moderate the positive association between oil volatility and growth volatility. Using a core sample of 63 oil-producing countries over the period 2000–2010, the empirical analysis confirms a negative link between oil terms of trade volatility and...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2016
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/43222/1/Growth%20volatility%20and%20resource%20curse%20does%20financial%20development%20dampen%20the%20oil%20shocks.pdf http://psasir.upm.edu.my/id/eprint/43222/ http://www.sciencedirect.com/science/article/pii/S0301420716300149 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|