Exposure to external country specific shocks and income volatility

Arbeitspapier

We show that exposure to country specific shocks has a positive and significant impact on GDP volatility. In particular, we find that the degree to which the cycles of different trading partners are correlated is more important in explaining exporters’ GDP volatility than the volatility of demand in individual export market. We also show that geographical diversification is a significant determinant of countries' exposure to country specific shocks.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: WTO Staff Working Paper ; No. ERSD-2009-04

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Economic Growth of Open Economies ; International Linkages to Development; Role of International Organizations
• Thema: Income volatility ; geographical export diversification ; external shocks ; Schock ; Sozialprodukt ; Volatilität ; Exportdiversifizierung ; Welt

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Jansen, Marion ; Lennon, Carolina ; Piermartini, Roberta
• Ereignis: Veröffentlichung
• (wer): World Trade Organization (WTO)
• (wo): Geneva
• (wann): 2009

Weitere Informationen

• DOI: doi:10.30875/2fa80669-en
• Handle: http://hdl.handle.net/10419/26731
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ