Projects per year
Abstract
This paper investigates international responses of key macroeconomic variables to simultaneous shocks to productivity in the traded sector in eight Asian emerging and developing countries. We use panel estimation techniques to construct component sub-models in a thirty country global vector autoregressive (GVAR) model. We identify the shocks by using sign restricted impulse responses. We find that increases in traded-sector productivity in Asian emerging and developing countries have a positive effect on economic growth and international trade for most countries.
Original language | English |
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Pages (from-to) | 127-140 |
Number of pages | 14 |
Journal | Economic Modelling |
Volume | 83 |
DOIs | |
Publication status | Published - Dec 2019 |
Keywords
- Global vector autoregressive models
- International linkages
- Openness
- Sign restrictions
- Traded-nontraded productivity differential
Projects
- 1 Finished
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Economic growth and real exchange rates
Anderson, H., Dowrick, S., Golley, J. & Tyers, R.
Australian Research Council (ARC)
1/01/08 → 31/12/10
Project: Research