Parinduri, Rasyad (2012): Growth volatility and trade: evidence from the 1967-1975 closure of the Suez Canal.
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This paper examines the effects of trade on economic growth and growth volatility. Using the 1967-1975 closure of the Suez Canal as an instrument for trade, I find that trade leads to higher economic growth, and lower probability of recession or economic slowdown. There is no evidence that trade reduces growth volatility, however.
|Item Type:||MPRA Paper|
|Original Title:||Growth volatility and trade: evidence from the 1967-1975 closure of the Suez Canal|
|Keywords:||economic growth, volatility, trade, IV method|
|Subjects:||F - International Economics > F1 - Trade > F13 - Trade Policy; International Trade Organizations
F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F43 - Economic Growth of Open Economies
|Depositing User:||Rasyad Parinduri|
|Date Deposited:||26. May 2012 04:29|
|Last Modified:||14. Feb 2013 17:53|
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