Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/153924
Authors: 
Haddad, Mona
Lim, Jamus Jerome
Pancaro, Cosimo
Saborowski, Christian
Year of Publication: 
2012
Series/Report no.: 
ECB Working Paper 1491
Abstract: 
This paper addresses the mechanisms by which trade openness affects growth volatility. Using a diverse set of export concentration measures, we present strong evidence pointing to an important role for export diversification in conditioning the effect of trade openness on growth volatility. Indeed, the effect of openness on volatility is shown to be negative for a significant proportion of countries with relatively diversified export baskets.
Subjects: 
Export diversification
growth volatility
trade openness
JEL: 
F15
F43
O24
Document Type: 
Working Paper

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