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The terms of trade, productivity growth and the current account

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References

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1988

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Investment, the current account, and the relative price of non-traded goods in a small open economy

96 cited

Cited by

2005Productivity Shocks, Budget Deficits and the Current Account58 cited
2007Terms of trade and current account fluctuations: The Harberger–Laursen–Metzler effect revisited52 cited
2003World Market Integration through the Lens of Foreign Direct Investors47 cited
2003The Response of the Current Account to Terms of Trade Shocks: Persistence Matters40 cited
2002Present value tests of the current account with durables consumption35 cited
2011Commodity windfalls, polarization, and net foreign assets: Panel data evidence on the voracity effect34 cited
2007SHORT- AND MEDIUM-TERM DETERMINANTS OF CURRENT ACCOUNT BALANCES IN MIDDLE EAST AND NORTH AFRICA COUNTRIES34 cited
2012What Drives US Foreign Borrowing? Evidence on the External Adjustment to Transitory and Permanent Shocks32 cited
2009Habit formation and the present-value model of the current account: Yet another suspect24 cited
2007Investment‐specific shocks and external balances in a small open economy model21 cited