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The performance of the Chinese economy has been remarkable since the country began reforming and liberalizing its economy in the late 1970s. The Chinese experience can provide critical social and economic development lessons to other developing countries that are still suffering from high rates...
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Trade in value added (TiVA) indicators are increasingly used to monitor countries' integration into global supply chains. However, they are published with a significant lag - often two or three years - which reduces their relevance for monitoring recent economic developments. This paper aims to...
Persistent link: https://www.econbiz.de/10014435960
Several factor-based models are estimated to investigate the role of country-specific trade and survey data in forecasting euro areamanufacturing production. Following Boivin and Ng (2006), the emphasis is put on the role of dataset selection on the empirical performance of factor models. First,...
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Several factor-based models are estimated to investigate the role of country-specific trade and survey data in forecasting euro area manufacturing production. Following Boivin and Ng (2006), the emphasis is put on the role of dataset selection on the empirical performance of factor models....
Persistent link: https://www.econbiz.de/10013316542
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In this study, we systematically evaluate the potential of a bunch of survey-based indicators from different economic branches to forecasting export growth across a multitude of European countries. Our pseudo out-of-sample analyses reveal that the best-performing indicators beat a well-specified...
Persistent link: https://www.econbiz.de/10012104016