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Trade and fluctuations.

By: Kraay; ar; Ventura, Jaume.
Material type: materialTypeLabelBookPublisher: Wahington : World Bank, 1995Subject(s): Trade | GDPEconomic growthSummary: In this paper, the argument is that of the inability of the standard open-economy statistic growth model to explain from inadequate GDP growth corrections arising from inadequate treatment of the link between international commodity prices and domestic wages.
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In this paper, the argument is that of the inability of the standard open-economy statistic growth model to explain from inadequate GDP growth corrections arising from inadequate treatment of the link between international commodity prices and domestic wages.

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