Are external shocks responsible for the instability of output in low income countries?:
"External shocks, such as commodity price fluctuations, natural disasters, and the role of the international economy, are often blamed for the poor economic performance of low-income countries. The author quantifies the impact of these different external shocks using a panel vector autoregressi...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2005]
|
| Schriftenreihe: | Policy research working paper
3680 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | "External shocks, such as commodity price fluctuations, natural disasters, and the role of the international economy, are often blamed for the poor economic performance of low-income countries. The author quantifies the impact of these different external shocks using a panel vector autoregression (VAR) approach and compares their relative contributions to output volatility in low-income countries vis-�is internal factors. He finds that external shocks can only explain a small fraction of the output variance of a typical low-income country. Internal factors are the main source of fluctuations. From a quantitative perspective, the output effect of external shocks is typically small in absolute terms, but significant relative to the historic performance of these countries. "--World Bank web site |
| Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 9/1/2005 |
| Beschreibung: | 1 Online-Ressource |
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Datensatz im Suchindex
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| id | DE-604.BV049074944 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:47Z |
| indexdate | 2024-07-10T09:54:31Z |
| institution | BVB |
| language | English |
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| publisher | World Bank |
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| series2 | Policy research working paper |
| spelling | Raddatz, Claudio E. Verfasser aut Are external shocks responsible for the instability of output in low income countries? Claudio Raddatz [Washington, D.C] World Bank [2005] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3680 Includes bibliographical references Title from PDF file as viewed on 9/1/2005 "External shocks, such as commodity price fluctuations, natural disasters, and the role of the international economy, are often blamed for the poor economic performance of low-income countries. The author quantifies the impact of these different external shocks using a panel vector autoregression (VAR) approach and compares their relative contributions to output volatility in low-income countries vis-�is internal factors. He finds that external shocks can only explain a small fraction of the output variance of a typical low-income country. Internal factors are the main source of fluctuations. From a quantitative perspective, the output effect of external shocks is typically small in absolute terms, but significant relative to the historic performance of these countries. "--World Bank web site Online-Ausg Also available in print Business cycles Developing countries Industrial productivity Developing countries World Bank Sonstige oth Raddatz, Claudio E Are external shocks responsible for the instability of output in low income countries? http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3680 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Raddatz, Claudio E. Are external shocks responsible for the instability of output in low income countries? Business cycles Developing countries Industrial productivity Developing countries |
| title | Are external shocks responsible for the instability of output in low income countries? |
| title_auth | Are external shocks responsible for the instability of output in low income countries? |
| title_exact_search | Are external shocks responsible for the instability of output in low income countries? |
| title_exact_search_txtP | Are external shocks responsible for the instability of output in low income countries? |
| title_full | Are external shocks responsible for the instability of output in low income countries? Claudio Raddatz |
| title_fullStr | Are external shocks responsible for the instability of output in low income countries? Claudio Raddatz |
| title_full_unstemmed | Are external shocks responsible for the instability of output in low income countries? Claudio Raddatz |
| title_short | Are external shocks responsible for the instability of output in low income countries? |
| title_sort | are external shocks responsible for the instability of output in low income countries |
| topic | Business cycles Developing countries Industrial productivity Developing countries |
| topic_facet | Business cycles Developing countries Industrial productivity Developing countries |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3680 |
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