Does volatility hinder economic complexity?

被引：0

作者：

Avom, Desire ^{[1
]}

Kamguia, Brice ^{[2
]}

Ngameni, Joseph Pasky ^{[2
]}

机构：

[1] Univ Yaounde II Soa, CEREG, Fac Econ & Management, Soa, Cameroon

[2] Univ Dschang, LAREFA, Fac Econ & Management, Dschang, Cameroon

来源：

ECONOMICS BULLETIN | 2021年 / 41卷 / 03期

关键词：

TRADE OPENNESS; EXPORT SOPHISTICATION; GROWTH VOLATILITY; PANEL-DATA; TRANSITION; COUNTRIES; TERMS; DIVERSIFICATION; INSTITUTIONS; INVESTMENT;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates the effect of the output and terms of trade volatility on economic complexity. To this end, we apply ordinanry least square, fixed effect and System GMM approach for a panel of 119 countries over the period 1998-2017. The findings reveal that the output and terms of trade volatility negatively affects economic complexity. Our empirical results also indicate that financial development, foreign direct investment, internet and income per capita have a positive effect on economic complexity while natural ressources have a negative effect.

引用

页码：1187 / 1202

页数：16

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