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been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 … Western European countries between 1990 and 2006 and uses the latest developments in panel unit root and cointegration testing …
Persistent link: https://www.econbiz.de/10010264898
heterogeneous panel cointegration techniques that are robust to omitted variables and endogenous regressors to estimate the effect …
Persistent link: https://www.econbiz.de/10010281831
panel cointegration techniques that are robust to omitted variables and endogenous regressors to estimate the effect of …
Persistent link: https://www.econbiz.de/10011373517
This paper investigates the short-run effects of the uncertainties brought along with the Brexit referendum on the bilateral trade between Belgium and its main trading partners. I find that import and export markets have specific dynamics and react differently to changes in political uncertainty...
Persistent link: https://www.econbiz.de/10012138102
Persistent link: https://www.econbiz.de/10011665217
heterogeneous panel cointegration techniques that are robust to omitted variables and endogenous regressors to estimate the effect … ; Panel cointegration ; General-to-specific approach …
Persistent link: https://www.econbiz.de/10008780054
Persistent link: https://www.econbiz.de/10003820732
This paper examines if exchange rate flexibility adversely affects trade integration of East Asian countries in general. The study focuses on China, Japan, South Korea and Taiwan. These countries pursue fixed, floating and intermediate regimes respectively. The hypothesis is that since the...
Persistent link: https://www.econbiz.de/10012721242
Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years.These accords span the real and financial sectors; rather than following the more typical pattern of "trade first,money later", recent policy initiatives involve the simultaneous...
Persistent link: https://www.econbiz.de/10011281489
China’s rapidly growing role in the world economy has been accompanied by rising bilateral trade with Australia and the Association of Southeast Asian Nations (ASEAN group) as well as expanded offshore renminbi (RMB) markets in the region. Using a Markov-switching analysis that allows for...
Persistent link: https://www.econbiz.de/10013243552