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Real business cycles in emerging countries : are Asian business cycles different from Latin American business cycles?

Hwang, Seolwoong; Kim, So-yŏng - 2021

emerging countries, namely, those in Asia and Latin America. This study first documents that Asian economies are characterized …. First, the first three differences are mainly explained by a higher persistence of trend productivity shocks in Asia than in … Asia than in Latin America. We further provide data on policy regime changes and labor markets in both regions to explain …

Persistent link: https://www.econbiz.de/10012607054

The impact of a People's Republic of China slowdown on commodity prices and detecting the asymmetric responses of economic activity in Asian countries to commodity price shocks

Ghoshray, Atanu; Pundit, Madhavi - 2016

The recent slowdown of the People's Republic of China (PRC) has led to question to what extent the PRC demand of commodities can have an impact on commodity prices. We take into account the fact that commodity prices are characterized by structural breaks, and to this end we make use of novel...

Persistent link: https://www.econbiz.de/10011579549

Age-structured human capital and spatial total factor productivity dynamics

Mishra, Tapas; Jumah, Adusei; Parhi, Mamata - 2008

Persistent link: https://www.econbiz.de/10003772450

Financial liberalization, capital movements, and economic growth in Asia : a panel structural VAR approach

Bilgili, Faik; Doğan, İbrahim; Koçak, Emrah; … - In: Economic growth and financial development : effects of …, (pp. 135-153). 2021

There has been intensive research in the literature of macroeconomics examining the nexus between finance, capital movements, and economic growth to explore the impact of each variable on other variables in the system. One might claim that these researches, needless to say, are seminal and have...

Persistent link: https://www.econbiz.de/10012792704

Tourism Expansion and Economic Growth in Asia-Pacific Nations : A Panel Causality Approach

Palamalai, Srinivasan - 2016

panel of 13 selected Asia-Pacific nations over the period 1995-2014. Using econometric techniques like tests for panel unit … economic growth for the selected Asia-Pacific nations. Besides, the results of PVAR-GMM estimation show that tourism expansion … hypothesis or growth-led tourism hypothesis for the sample nations. The results suggest that the governments of the selected Asia …

Persistent link: https://www.econbiz.de/10012981683