the crisis-affected economies in East Asia. Using the Hodrick-Prescott filter, this paper examines the growth volatility … and Hong Kong SAR. Empirical evidences based on quarterly data show that output volatility for both Singapore and South … Korea has increased after the AFC. For the GDP components, trade is a major factor in lowering GDP volatility in Chinese …

volatility. Using monthly data of the industrial production indices in the five economies and applying the ARCH/GARCH models to … generate a measure of output volatility to conduct the two-step approach, the results show that output volatility positively … it will not alter the volatility and growth relationship …

volatility, and swings in foreign investment – play important roles in the transmission of uncertainty shocks …