prices in India and China. The focus is on short and medium-run adjustment processes using an error correction specification … in China than in India. Second, the adjustment is larger for wheat, maize and rice than for fruits and vegetables in both … India and China. In fact, the adjustment is the weakest for vegetables in both countries. Third, while most of the domestic …

monthly macroeconomic data from China and rest of the world. We, then, assess implications of the China factor on global …We study the effect of a domestic shock in China on the real economy and financial markets of a commodity exporting … country. We estimate a dynamic factor model using Bayesian methods to identify a China factor and a global factor using …