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Volatility, island nations and small states

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  • Jeffrey A Edwards
  • Alfredo A. Romero

Abstract

The authors of this paper have attempted to fill a gap in the literature that addresses both domestic and foreign born growth volatility for island countries and small states. Using a sophisticated dynamic panel framework, we find that the characteristics of both types of volatility are considerably different than they are for other countries. Our results argue against the prevailing wisdom regarding volatility that these two groups should simply mimic the economic policies of other nations.

Suggested Citation

  • Jeffrey A Edwards & Alfredo A. Romero, 2020. "Volatility, island nations and small states," Economics and Business Letters, Oviedo University Press, vol. 9(3), pages 248-254.
    • Handle: RePEc:ove:journl:aid:14167
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    File URL: https://reunido.uniovi.es/index.php/EBL/article/view/14167
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    References listed on IDEAS

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    1. J A Edwards & C B Naanwaab & S P Simkins, 2023. "The Great Recession and Small States," Economic Issues Journal Articles, Economic Issues, vol. 28(1), pages 81-103, March.
    2. Devendra Kumar Jain & Asif Chida & R. D. Pathak & Raghbendra Jha & Stephanie Russell, 2022. "Climate risk insurance in Pacific Small Island Developing States: possibilities, challenges and vulnerabilities—a comprehensive review," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(3), pages 1-21, March.

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