We extend Jurado et al. (2015)'s forecast-error-based uncertainty measure to the international context, and construct a new measure of global uncertainty. We examine dynamic causal effects among global uncertainty and other global macroeconomic variables, and provide two important applications...

Dramatic fluctuations in oil prices from time to time demand more research that can evaluate the impact of oil price shocks across the globe. Using a large-scale structural vector autoregression (SVAR) model that allows for an evolving parameter structure and that covers 60 oil-importing and...

The significant achievements in economic growth and urbanization in China have led to substantial increases of and great inequality in household carbon footprints (HCFs) recently. To achieve efficiency and justice in emissions reduction, policymakers need to fully understand the sources of HCFs...

Urbanisation and agriculture have been commonly used in the studies of carbon emissions. However, the issue of convergence of carbon emissions and intensity across countries with different urbanisation and agrarian structures has been under-researched. Unlike previous studies, we examine whether...

The paper examines the determinants of growth of Sub-Saharan Africa (SSA) in the past decade from a macroeconomic perspective. Particularly, we test the impacts of net FDI inflows, as well as China's FDI on GDP growth of Sub-Saharan African countries, respectively. By using the data from 44...