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Macroeconomic effects of terms-of-trade shocks:the case of oil-exporting countries.

By: Spatafora, Nicola; Warner, Andrew.
Material type: materialTypeLabelBookSeries: Policy Research Working Paper 1410. Publisher: Washington : World Bank, 1995Subject(s): Trade | Economic growth -- Trade. -- Economic growth -- TradeSummary: This paper investigates the impact on economic growth and the development of long-run movements in the external terms of trade, with special reference to the experience of 18 oil-exporting countries between 1973 and 1989.
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This paper investigates the impact on economic growth and the development of long-run movements in the external terms of trade, with special reference to the experience of 18 oil-exporting countries between 1973 and 1989.

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