Tourism Conditions Index (TCI). TCI accounts for the spillover weights based on the Granger causality test and estimates of … Taiwan. The foundation of the TCI is the Financial Conditions Index (FCI), which is derived from the Monetary Conditions … Index (MCI). The empirical findings show that TCI weighted by spillovers reveal greater significance in forecasting the …

The paper uses monthly data on financial stock index returns, tourism stock sub-index returns, effective exchange rate … constructing a tourism financial indicator, namely the Tourism Financial Conditions Index (TFCI). The TFCI is an adaptation and … extension of the widely-used Monetary Conditions Index (MCI) and Financial Conditions Index (FCI) to tourism stock data. However …

that industrial upgrading in export specialization patterns has a positive long-rungrowth effect, while the effect of … estimation pointtowards a positive long-run growth effect arising from trade specialization in medium …-high-skill-intensive industries. Further, important distinctions between the skill intensity of export and importpatterns and their respective …

We examine an export game where two firms (home and foreign), located in two differentcountries, produce vertically …