Showing 1 - 10 of 55
The present paper has two main objectives: first, to accurately estimate commodity price uncertainty; and second to analyze the uncertainty connectedness among commodity markets and the macroeconomic uncertainty, using the time-varying vector-autoregressive (TVP-VAR) model. We use eight main...
Persistent link: https://www.econbiz.de/10012548331
While assessing the economic impacts of corruption, the corruption-related transmission channels which influence taxation as such have to be duly considered. Taking the example of the Czech Republic, this article aims to evaluate the impacts corruption has on the size of the shadow economy as...
Persistent link: https://www.econbiz.de/10012483331
This paper studies the role of the exchange rate regime for trade of new products. It first provides VAR evidence that a rise in external productivity shifts trade away from new products and more so in fixed regimes. Then, it presents a model with firm dynamics in line with this evidence. We...
Persistent link: https://www.econbiz.de/10012168776
This study looks at some non-conventional determinants of economic growth, with the help of the newly developed economic freedom index datasets of the Heritage Foundation/Wall Street Journal(HF/WSJ), which is a cumulative index derived from several sub-indices (trade freedom index, financial...
Persistent link: https://www.econbiz.de/10011448023
The idea that high levels of economic inequality negatively affect the rate and sustainability of economic growth is quite popular in the scientific literature. Therefore, it is usually proposed to take some regulative measures to reduce economic inequality in order to boost economic growth....
Persistent link: https://www.econbiz.de/10013164223
studied. This research aims to investigate the interdependent relationships between world GDP, world commodity prices, world … autoregression (TVAR) to capture regime changes in the variables of the world economy. World economic data and Indonesia's economic … data were utilized to prove different responses to the world economic situation in two different regimes. This research …
Persistent link: https://www.econbiz.de/10012799838
associations with M&A deals and the SDG index, confirming the resource-based theory of internationalization. In particular, the …
Persistent link: https://www.econbiz.de/10012800051
This paper aims to extend the literature on the impacts of China's policies on the world energy-growth nexus by … applied to annual series data from 1977 to 2016. Models for four world regions were developed, as well as a global model. The … support that China's CO2 emission and financial development promote world energy consumption. In regard to the four world …
Persistent link: https://www.econbiz.de/10012631468
This paper focuses on examining the nonlinear impact of trade openness (TO) on economic growth (EG) in the Asean-6 countries (Indonesia, Malaysia, Thailand, Singapore, Philippines, and Vietnam). In order to achieve the set research objectives, the authors estimate the research model through the...
Persistent link: https://www.econbiz.de/10012618854
Based on ß and o convergence analysis, we find a high persistence of innovation gaps for international innovation indices reported by the European Commission. Our research confirms the diverging scientific potential across the analyzed economies. Estimation provides evidence of convergence in...
Persistent link: https://www.econbiz.de/10012483240