Terms-of-trade shocks and macroeconomic volatility in developing countries: panel smooth transition regression models
Author
Abstract
Suggested Citation
DOI: 10.1080/09638199.2016.1278029
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- González, Andrés & Teräsvirta, Timo & van Dijk, Dick & Yang, Yukai, 2005.
"Panel Smooth Transition Regression Models,"
SSE/EFI Working Paper Series in Economics and Finance
604, Stockholm School of Economics, revised 11 Oct 2017.
- Andrés González & Timo Teräsvirta & Dick van Dijk & Yukai Yang, 2017. "Panel Smooth Transition Regression Models," CREATES Research Papers 2017-36, Department of Economics and Business Economics, Aarhus University.
- Andres Gonzalez & Timo Terasvirta & Dick van Dijk, 2005. "Panel Smooth Transition Regression Models," Research Paper Series 165, Quantitative Finance Research Centre, University of Technology, Sydney.
- Easterly, William & Kremer, Michael & Pritchett, Lant & Summers, Lawrence H., 1993.
"Good policy or good luck?: Country growth performance and temporary shocks,"
Journal of Monetary Economics, Elsevier, vol. 32(3), pages 459-483, December.
- William Easterly & Michael Kremer & Lant Pritchett & Lawrence H. Summers, 1993. "Good Policy or Good Luck? Country Growth Performance and Temporary Shocks," NBER Working Papers 4474, National Bureau of Economic Research, Inc.
- Thomas Lubik & Wing Teo, 2005. "Do World Shocks Drive Domestic Business Cycles? Some Evidence from Structural Estimation," Economics Working Paper Archive 522, The Johns Hopkins University,Department of Economics.
- Teräsvirta, Timo, 1996. "Modelling Economic Relationships with Smooth Transition Regressions," SSE/EFI Working Paper Series in Economics and Finance 131, Stockholm School of Economics.
- Dan Andrews & Daniel Rees, 2009. "Macroeconomic Volatility and Terms of Trade Shocks," RBA Research Discussion Papers rdp2009-05, Reserve Bank of Australia.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Dąbrowski, Marek A. & Papież, Monika & Śmiech, Sławomir, 2021. "Output volatility and exchange rates: New evidence from the updated de facto exchange rate regime classifications," MPRA Paper 107133, University Library of Munich, Germany.
- Syed Tehseen Jawaid & Mariya Ahmad Qureshi & Samra Ali, 2021. "Does immiserizing growth exist? Evidence from world’s top trading nations," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing Limited, vol. 14(2), pages 124-148, January.
- Nchofoung, Tii N., 2022.
"Trade shocks and labour market resilience in Sub-Saharan Africa: Does the franc zone response differently?,"
International Economics, Elsevier, vol. 169(C), pages 161-174.
- Tii N. Nchofoung, 2022. "Trade shocks and labour market resilience in Sub-Saharan Africa: Does the franc zone response differently?," International Economics, CEPII research center, issue 169, pages 161-174.
- Tii N. Nchofoung, 2022. "Trade shocks and labour market Resilience in Sub-Saharan Africa: Does the franc zone Response Differently?," Working Papers of the African Governance and Development Institute. 22/005, African Governance and Development Institute..
- Tii N. Nchofoung, 2022. "Trade shocks and labour market Resilience in Sub-Saharan Africa: Does the franc zone Response Differently?," Working Papers 22/005, European Xtramile Centre of African Studies (EXCAS).
- Sèna Kimm Gnangnon, 2021. "Exchange rate pressure, fiscal redistribution and poverty in developing countries," Economic Change and Restructuring, Springer, vol. 54(4), pages 1173-1203, November.
- Gnangnon, Sèna Kimm, 2020. "Aid for Trade flows and Poverty Reduction in Recipient-Countries," EconStor Preprints 213807, ZBW - Leibniz Information Centre for Economics.
- Carolyn Chisadza & Mduduzi Biyase, 2023.
"Financial Development and Income Inequality: Evidence From Advanced, Emerging and Developing Economies,"
Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 18(01), pages 1-27, March.
- Carolyn Chisadza & Mduduzi Biyase, 2022. "Financial Development and Income Inequality: Evidence from Advanced, Emerging and Developing Economies," Working Papers 202221, University of Pretoria, Department of Economics.
- Nabil Alimi & Nabil Aflouk, 2017. "The threshold effect of oil-price shocks on economic growth," Economics Bulletin, AccessEcon, vol. 37(3), pages 1942-1958.
- Sèna Kimm Gnangnon, 2018. "Multilateral Trade Liberalization and Terms of Trade Volatility," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 1-21, October.
- Avom, Désiré & Kamguia, Brice & Ngameni, Joseph Pasky & Njangang, Henri, 2021. "How does terms of trade volatility affect macroeconomic volatility? The roles of financial development and institutions," International Economics, Elsevier, vol. 168(C), pages 98-114.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Pan, Xiuzhen & Wei, Zixiang & Han, Botang & Shahbaz, Muhammad, 2021. "The heterogeneous impacts of interregional green technology spillover on energy intensity in China," Energy Economics, Elsevier, vol. 96(C).
- Irifaar SOMÉ & Windkouni Haoua Eugenie MAIGA, 2021. "Effets des prix relatifs des échanges sur la croissance économique en Afrique subsaharienne," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 54, pages 161-175.
- Hajime Tomura, 2008. "A Model of Housing Boom and Bust in a Small Open Economy," Staff Working Papers 08-9, Bank of Canada.
- Cécile Couharde & Rémi Generoso, 2015.
"Hydro-climatic thresholds and economic growth reversals in developing countries: an empirical investigation,"
EconomiX Working Papers
2015-26, University of Paris Nanterre, EconomiX.
- Cécile Couharde & Rémi Generoso, 2015. "Hydro-climatic thresholds and economic growth reversals in developing countries: an empirical investigation," Working Papers hal-04141392, HAL.
- Cécile Couharde & Rémi Generoso, 2015. "Hydro-climatic thresholds and economic growth reversals in developing countries: an empirical investigation," Post-Print hal-01411648, HAL.
- Cécile Couharde & Rémi Generoso, 2015. "Hydro-climatic thresholds and economic growth reversals in developing countries: an empirical investigation," Post-Print hal-01411645, HAL.
- Khémiri, Wafa & Noubbigh, Hédi, 2020. "Size-threshold effect in debt-firm performance nexus in the sub-Saharan region: A Panel Smooth Transition Regression approach," The Quarterly Review of Economics and Finance, Elsevier, vol. 76(C), pages 335-344.
- Kar, Sabyasachi & Pritchett, Lant & Raihan, Selim & Sen, Kunal, 2013.
"Looking for a break: Identifying transitions in growth regimes,"
Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 151-166.
- Sabyasachi Kar & Lant Pritchett & Selim Raihan & Kunal Sen, 2013. "Looking for a Break: Identifying transitions in growth regimes," IEG Working Papers 332, Institute of Economic Growth.
- Coudert, Virginie & Mignon, Valérie, 2013.
"The “forward premium puzzle” and the sovereign default risk,"
Journal of International Money and Finance, Elsevier, vol. 32(C), pages 491-511.
- Virginie Coudert & Valérie Mignon, 2011. "The “Forward Premium Puzzle” and the Sovereign Default Risk," Working Papers 2011-17, CEPII research center.
- Virginie Coudert & Valérie Mignon, 2013. "The ‘Forward Premium Puzzle’ and the Sovereign Default risk," Post-Print hal-01385839, HAL.
- Reitz, Stefan & Rülke, Jan & Stadtmann, Georg, 2012. "Nonlinear Expectations in Speculative Markets," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62045, Verein für Socialpolitik / German Economic Association.
- Simplice A. Asongu & Nicholas M. Odhiambo, 2020.
"Insurance Policy Thresholds for Economic Growth in Africa,"
The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(3), pages 672-689, July.
- Asongu, Simplice & Odhiambo, Nicholas, 2019. "Insurance Policy Thresholds for Economic Growth in Africa," MPRA Paper 101135, University Library of Munich, Germany.
- Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Insurance Policy Thresholds for Economic Growth in Africa," CEREDEC Working Papers 19/037, Centre de Recherche pour le Développement Economique (CEREDEC).
- Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Insurance Policy Thresholds for Economic Growth in Africa," Research Africa Network Working Papers 19/037, Research Africa Network (RAN).
- Asongu, Simplice A & Odhiambo, Nicholas M, 2019. "Insurance policy thresholds for economic growth in Africa," Working Papers 25592, University of South Africa, Department of Economics.
- Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Insurance Policy Thresholds for Economic Growth in Africa," Working Papers 19/037, European Xtramile Centre of African Studies (EXCAS).
- Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Insurance Policy Thresholds for Economic Growth in Africa," Working Papers of the African Governance and Development Institute. 19/037, African Governance and Development Institute..
- Azariadis, Costas & Stachurski, John, 2005.
"Poverty Traps,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 5,
Elsevier.
- Costas Aariadis & John Stachurski, 2004. "Poverty Traps," Department of Economics - Working Papers Series 913, The University of Melbourne.
- Reitz, Stefan & Rülke, Jan-Christoph & Stadtmann, Georg, 2012.
"Nonlinear expectations in speculative markets – Evidence from the ECB survey of professional forecasters,"
Journal of Economic Dynamics and Control, Elsevier, vol. 36(9), pages 1349-1363.
- Reitz, Stefan & Rülke, Jan-Christoph & Stadtmann, Georg, 2011. "Nonlinear expectations in speculative markets: Evidence from the ECB survey of professional forecasters," Kiel Working Papers 1706, Kiel Institute for the World Economy (IfW Kiel).
- Reitz, Stefan & Rülke, Jan-Christoph & Stadtmann, Georg, 2012. "Nonlinear expectations in speculative markets: Evidence from the ECB survey of professional forecasters," Discussion Papers 311, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
- Reitz, Stefan & Rülke, Jan-Christoph & Stadtmann, Georg, 2012. "Nonlinear expectations in speculative markets - Evidence from the ECB survey of professional forecasters," Discussion Papers on Economics 1/2012, University of Southern Denmark, Department of Economics.
- Michele Peruzzi & Alessio Terzi, 2018. "Growth Accelerations Strategies," CID Working Papers 91a, Center for International Development at Harvard University.
- Kevin S. Nell & Maria M. De Mello, 2019.
"The interdependence between the saving rate and technology across regimes: evidence from South Africa,"
Empirical Economics, Springer, vol. 56(1), pages 269-300, January.
- Kevin S. Nell & Maria M. De Mello, 2017. "The Interdependence between the Saving Rate and Technology across Regimes: Evidence from South Africa," Working Papers 674, Economic Research Southern Africa.
- Coudert, Virginie & Couharde, Cécile & Mignon, Valérie, 2015.
"On the impact of volatility on the real exchange rate – terms of trade nexus: Revisiting commodity currencies,"
Journal of International Money and Finance, Elsevier, vol. 58(C), pages 110-127.
- Virginie Coudert & Cécile Couharde & Valérie Mignon, 2015. "On the impact of volatility on the real exchange rate - terms of trade nexus: Revisiting commodity currencies," Post-Print hal-01385992, HAL.
- Po-Chin Wu & Chung-Chih Lee, 2018. "The non-linear impact of monetary policy on international reserves: macroeconomic variables nexus," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 45(1), pages 165-185, February.
- Joël Cariolle & Michaël Goujon, 2015.
"Measuring Macroeconomic Instability: A Critical Survey Illustrated With Exports Series,"
Journal of Economic Surveys, Wiley Blackwell, vol. 29(1), pages 1-26, February.
- Joel Cariolle & Michaël Goujon, 2015. "Measuring macroeconomic instability: a critical survey illustrated with exports series," Post-Print halshs-01273229, HAL.
- V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 1996.
"The Poverty of Nations: A Quantitative Exploration,"
NBER Working Papers
5414, National Bureau of Economic Research, Inc.
- V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 1997. "The poverty of nations: a quantitative exploration," Staff Report 204, Federal Reserve Bank of Minneapolis.
- Patel, Dev & Sandefur, Justin & Subramanian, Arvind, 2021.
"The new era of unconditional convergence,"
Journal of Development Economics, Elsevier, vol. 152(C).
- Dev Patel & Justin Sandefur & Arvind Subramanian, 2021. "The New Era of Unconditional Convergence," Working Papers 566, Center for Global Development.
- Dev Patel & Justin Sandefur & Arvind Subramanian, 2021. "The New Era of Unconditional Convergence," Working Papers 54, Ashoka University, Department of Economics.
- Romain Houssa & Jolan Mohimont & Chris Otrok, 2019.
"A model for international spillovers to emerging markets,"
Working Paper Research
370, National Bank of Belgium.
- Romain Houssa & Jolan Mohimont & Chris Otrok, 2019. "A Model for International Spillovers to Emerging Markets," CESifo Working Paper Series 7702, CESifo.
- Frederick van der Ploeg & Steven Poelhekke, 2007.
"Volatility, Financial Development and the Natural Resource Curse,"
Economics Working Papers
ECO2007/36, European University Institute.
- van der Ploeg, Frederick & Poelhekke, Steven, 2007. "Volatility, Financial Development and the Natural Resource Curse," CEPR Discussion Papers 6513, C.E.P.R. Discussion Papers.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jitecd:v:26:y:2017:i:5:p:534-551. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RJTE20 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.