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This paper investigates the nonlinear dynamic response to shocks, relying on a threshold quantile autoregression (TQAR) model as a flexible representation of stochastic dynamics. The TQAR model can identify zones of stability/instability and characterize resilience and traps. Resilience means...
Persistent link: https://www.econbiz.de/10012456056
This paper investigates the nonlinear dynamic response to shocks, relying on a threshold quantile autoregression (TQAR) model as a flexible representation of stochastic dynamics. The TQAR model can identify zones of stability/instability and characterize resilience and traps. Resilience means...
Persistent link: https://www.econbiz.de/10012983434
and temporally affecting cropping pattern and productivity. Drought incidences and prolonged dry days during crop growing … and drought events aligning with wheat growing season in the southern region of Ethiopia, particularly of Hadiya zone … (SPI) used to characterize drought events. Markov Chain Model used to assess the dry and wet spell conditions. The long …
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.e. the largest feasible shock should be administered for the shortest possible amount of time. Depending on the particular …
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