Paper
The Impact of the Terms of Trade Volatility on Economic Growth: Evidence from Oil Exporting Countries
- Authors:
- Soraya Sadeghi; Somaye Sadeghi; Ahmad Jafari Samimi
- Abstract
- This paper evaluates the impact of the Terms of Trade volatility (TOTV) on economic growth (GDP) in oil exporting countries using GMM method during 1980-2005. The results indicate that Growth depends positively on the current level of the terms of trade, while volatility in the terms of trade has a negative impact on growth.
- Keywords
- Economic Growth; Primary Commodities; Terms of Trade; Price Volatility; GMM Method
- StartPage
- 50
- EndPage
- 53
- Doi