country risks and investigates the spillovers of country risk returns (CRR). Taking Russia and Kazakhstan for example, firstly … Autoregression (VAR) process and Granger causality test are used to identify whether there are mean spillovers of CRR series. Finally …, the volatility spillovers are captured by using multivariate conditional volatility models in the framework of the BEKK …

primarily interested in the presence and magnitude of spillovers but imposes a rigid ad hoc structure on the channels these can … factor approach which accounts for R&D spillovers without imposing any arbitrary structure on their nature and channels. At …, pointing to the presence of knowledge spillovers. Further, our estimations suggest that when ignoring the presence of …

This study focuses on public investments and policy reforms for leveraging growth spillovers at the Africa regional … level. It reviews first the theory and evidence of knowledge and growth spillovers generally and second the evidence in the … African context. Given the limited and scattered evidence of actual past spillovers, it reviews recent ex ante simulations …

spillovers between the energy and the non-energy sector, we show that the combination between environmental and knowledge …