Traditional IO techniques have been used and applied in detail to the case of the Chinese economy with a view to describing and analysing the gradual, albeit radical, transformation of the Chinese industrial fabric since the beginning of the economic reforms. Using a Biproportional Filter, our...

This study examines volatility persistence on precious metals returns taking into account oil returns and the three world major stock equity indices (Dow Jones Industrials, FTSE 100, and Nikkei 225) using daily data over the sample period January 1995- May 2008. We first determine when large...

Since the pioneering work by Rasmussen and others in the 1950s, alternative measures of linkages have been developed, with the aim of examining the interdependence in production structures and in identifying key sectors in an economy. Our study proposes a comparative analysis of traditional and...