@techreport{Jansen2009Exposure,
abstract = {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&rsquo; 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.},
address = {Geneva},
author = {Marion Jansen and Carolina Lennon and Roberta Piermartini},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {C23; F43; O19; 330; Income volatility; geographical export diversification; external shocks; Schock; Sozialprodukt; Volatilit\"{a}t; Exportdiversifizierung; Welt},
language = {eng},
number = {2009,04},
publisher = {World Trade Organization, Economic Research and Statistics Div.},
title = {Exposure to external country specific shocks and income volatility},
type = {Staff working paper ERSD},
url = {http://hdl.handle.net/10419/26731},
year = {2009}
}
