Growth volatility and trade: evidence from the 1967-1975 closure of the Suez Canal
Rasyad Parinduri ()
MPRA Paper from University Library of Munich, Germany
This paper examines the effects of trade on economic growth and growth volatility. Using the 1967-1975 closure of the Suez Canal as an instrument for trade, I find that trade leads to higher economic growth, and lower probability of recession or economic slowdown. There is no evidence that trade reduces growth volatility, however.
Keywords: economic growth; volatility; trade; IV method (search for similar items in EconPapers)
JEL-codes: F13 F43 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/39040/1/MPRA_paper_39040.pdf original version (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:39040
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Series data maintained by Joachim Winter ().