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The geography of output volatility

机译:产出波动的地理

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This paper examines the structural determinants of output volatility in developing countries, and especially the roles of geography and institutions. We investigate the volatility effects of market access, climate variability, the geographic predisposition to trade, and various measures of institutional quality. We find an especially important role for market access: remote countries are more likely to have undiversified exports and to experience greater volatility in output growth. Our results are based on Bayesian methods that allow us to address formally the problem of model uncertainty and to examine robustness across a wide range of specifications.
机译:本文研究了发展中国家产出波动的结构决定因素,尤其是地理和机构的作用。我们调查了市场准入,气候变化,贸易的地理易感性以及机构质量的各种衡量指标的波动性影响。我们发现市场准入特别重要:偏远国家的出口产品更多样化,并且产出增长的波动更大。我们的结果基于贝叶斯方法,该方法使我们可以正式解决模型不确定性问题并检查各种规格的鲁棒性。

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