Export instability and economic development - a survey.
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Export instability and economic development - a survey.

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Published by University of Warwick, Department of Economics in Coventry .
Written in English


Book details:

Edition Notes

SeriesWarwick economic research papers -- no. 107
ID Numbers
Open LibraryOL19961235M

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Journal of Economic Dynamics and Control 15 () North-Holland Export instability and the economic performance of developing countries Philip L. Brock* Duke Uniuersity, Durham, NC , USA This paper explores the economic consequences of export instability by developing a stochastic optimal control model that is based on the maximizing behavior of a risk-averse representative by: Yohannes Ayalew: Export Instability and Economic Growth The Model The assumptions of the model are based on the equation x R =Ep,9t [1] where R is total export earnings and R and ch are the price and quantity of export.   Read "Export Instability and Economic Development" by available from Rakuten Kobo. others contradicted the book’s conclusions. The data available now are vastly greater and probably more accurate than pre However, the work and the issues it raised remain important because most schemes proposed to reduce export instability would be Brand: Taylor And Francis. 1 The Economic Consequences of Export Instability in Developing Countries: A Survey(*) by C. ARAUJO BONJEAN, J.-L. COMBES, P. COMBES MOTEL (CERDI- CNRS, University of Auvergne) Abstract In this note we provide a brief survey of the literature about the effects of exports.

Effects of Exports Instability on Economic Growth was used with co- integration method. The results of this study were mixed. In some countries export instability affects the economic growth negatively and in some countries it affects positively. In some countries export . LANCIERI, E. (), "Export Instability and Economic Development: a Reappraisal", Banca Nationale del Lavoro, vol. , p. LAPORTE B. (), Les réformes des systèmes de. The results from previous studies on export instability and economic growth are far from conclusive. As Mullor-Sebastian remarks, “Three decades of research on export instability have resulted in a consensus on only one of the main areas of study, namely, that export instability is higher for LDCs than for developed countries (DCs). Downloadable! In this note we provide a brief survey of the literature about the effects of exports instability in developing countries, mainly focused on commodity dependent economies. Whatever the nature of instability, exports instability generate major disturbances in those economies. Exports instability is often considered as a major source of macroeconomic instability that is welfare costly.

Export earnings instability in developing countries is the result of a number of factors. First, many developing countries have specialized on the export of primary commodities, which are peculiarly susceptible to shifts in supply and demand, as well as being more price inelastic than are, for example, manufactured goods. MEASURING MACROECONOMIC INSTABILITY: A CRITICAL SURVEY ILLUSTRATED WITH EXPORTS SERIES. This concern on economic instability is evidenced by a broad spectrum of indicators, based on the deviation of observed values of a given economic aggregate from its reference or trend value. The Journal of Development Studies, 52, 5, (), ( Journal of Development Economics 12 () 7. North-Holland Publishing Company EXPORT INSTABILITY, EXPORT GROWTH AMID GDP GROWT I A Gerr~ (d TAN* The Flinders University of South Australia, Bedford Park, South Australia , Australia Received August , final version recei)-ed May 1,>81 The positive correlation between export instability and export expansion, Cited by: ECONOMIC GROWTH AND EXPORT INSTABILITY INTRODUCTION Economic growth defined as the material increase of the total national income or the GNP of a community in a given period. This increase has shown in the form of the percentage of national income changes of countries as compared to the year before.