214
Views
2
CrossRef citations to date
0
Altmetric
Original Articles

Does growth affect volatility? An empirical study on developing countries

References

  • Aghion, P., Angeletos, G.-M., Banerjee, A. et al. (2010) Volatility and growth: credit constraints and the composition of investment, Journal of Monetary Economics, 57, 246–65.
  • Aghion, P. and Saint-Paul, G. (1998) Uncovering some causal relationships between productivity growth and the structure of economic fluctuations: a tentative survey, Labour, 12, 279–303.
  • Badinger, H. (2010) Output volatility and economic growth, Economics Letters, 106, 15–18.
  • Bertola, G. and Caballero, R. J. (1994) Irreversibility and aggregate investment, Review of Economic Studies, 61, 223–46.
  • Bosworth, B. and Collins, S. (2003) The empirics of growth: an update, Brookings Papers on Economic Activity, 34, 113–206, NBER, Cambridge, MA.
  • Burnside, C. and Tabova, A. (2009) Risk, volatility, and the global cross-section of growth rates, NBER Working Papers No. 15225, NBER, Cambridge, MA.
  • Kodama, M. (2013) External shocks and high volatility in consumption in low-income countries, Developing Economies, 51, 278–302.
  • Kose, M. A. (2002) Explaining business cycles in small open economies: how much do world prices matter, Journal of International Economics, 56, 299–327.
  • Kose, M. A. and Riezman, R. (2001) Trade shocks and macroeconomic fluctuations in Africa, Journal of Development Economics, 65, 55–80.
  • Loayza, N. V., Rancière, R., Servén, L. et al. (2007) Macroeconomic volatility and welfare in developing countries: an introduction, The World Bank Economic Review, 21, 343–57.
  • Martin, P. and Rogers, C. A. (1997) Stabilization policy, learning-by-doing, and economic growth, Oxford Economic Papers, 49, 152–66.
  • Mendoza, E. G. (1995) The TOT, the real exchange rate, and the economic fluctuations, International Economic Review, 36, 101–37.
  • Rajan, R. G. and Subramanian, A. (2008) Aid and growth: what does the cross-country evidence really show?, The Review of Economics and Statistics, 90, 643–65.
  • Ramey, G. and Ramey, V. (1995) Cross-country evidence on the link between volatility and growth, American Economic Review, 85, 1138–51.
  • Sachs, J. and Warner, A. M. (1997) Sources of slow growth in African economies, Journal of African Economy, 6, 335–76.
  • World Bank (2008) World Development Indicators 2008, World Bank, Washington, DC.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.