This paper investigates the trade-productivity growth relationship by incorporating uncertainty/volatility in a VECM … relationships. The findings that volatility in productivity growth impedes import growth while volatility in export and import …-GARCH model. Using Singapore as a case study, we find evidence supporting the crucial role of imports as a beneficial conduit for …

We use weekly data on returns and range-based volatility over 2005-2017 to examine the degree of interconnectedness in …, 2014). Our findings suggest (a) similar patterns of dynamic spillovers in both returns and in volatility. Both return and … volatility spillover indices experienced significant bursts from 2008 to 2011 coinciding with the U.S.financial crisis. (b …