Purpose - This study provides empirical evidence on the impact of the Panama Canal expansion (PCE) on the economies of Latin American and Caribbean (LAC) countries, particularly in light of the emergence of larger container ships such as neo-Panamax and post-Panamax vessels....

This paper contributes to a better understanding of the important role that credit demand plays for credit markets and aggregate macroeconomic developments as both a source and transmitter of economic shocks. I am the first to identify a structural credit demand equation together with credit...

This study empirically addresses claims about the effects of strikes on output growth, inflation, and non-agricultural employment in South Africa using a structural analysis of Bayesian VAR models with a Normal inverted Wishart prior for the period 1982-2018. We find empirical support for a...

The valuation of house prices is drawing noteworthy attention due to worldwide financial and real estate crises in the last decade. Therefore, there is an immediate need to design more effective predictive systems of house prices. Indeed, investors, creditors, and governments are all interested...

The fourth industrial revolution is a profound transformation utilizing emerging technologies like smart automation, large-scale machine-to-machine communication, and the internet of things to change traditional manufacturing and industrial practices. The analysis of the huge amount of data...

This empirical work aims to determine whether the government expenditure shocks on consumption have impacts on macroeconomic factors. This study prepares four quarterly period datasets associated with macroeconomic activities in Indonesia with 24 data started in 2017 until 2022, such as...