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The Risk Content of Exports: A Portfolio View of International Trade

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NBER2010-05-01 更新2025-01-04 收录
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It has been suggested that countries which export in especially risky sectors will experience higher output volatility. This paper develops a measure of the riskiness of a country's pattern of export specialization, and illustrates its features across countries and over time. The exercise reveals

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2010-05-01
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