This paper sought to establish the linkages between bank performance and real sector productivity. We use data for five East African countries (Ethiopia, Kenya, Rwanda, Tanzania, and Uganda) for the period 2014-2022. We initially deploy the traditional panel fixed effects regression and...

This paper sought to establish the linkages between bank performance and real sector productivity. We use data for five East African countries (Ethiopia, Kenya, Rwanda, Tanzania, and Uganda) for the period 2014-2022. We initially deploy the traditional panel fixed effects regression and...

Landwirtschaftliche Erzeugnisse erreichen die Verbraucherinnen und Verbraucher in aller Regel in mehr oder weniger verarbeiteter Form, so dass im Endprodukt neben den Agrarrohstoffen noch andere Wertbestandteile enthalten sind. Angesichts der Herausforderungen, mit denen sich der Agrarsektor...

Landwirtschaftliche Erzeugnisse erreichen die Verbraucherinnen und Verbraucher in aller Regel in mehr oder weniger verarbeiteter Form, so dass im Endprodukt neben den Agrarrohstoffen noch andere Wertbestandteile enthalten sind. Angesichts der Herausforderungen, mit denen sich der Agrarsektor...

This paper quantifies the impact of monetary policy, exchange rates and external demand on the production sectors of the Swiss economy. As the model covers the full set of production sectors it is possible through aggregation to estimate the impact of a given shock on total GDP. We conduct the...

In the framework of a Bayesian structural dynamic factor model, we analyze how aggregate shocks affect the full set of production sectors in the Swiss economy. Our approach proves to be useful to cope with the large data set and at the same time allows us to consistently identify fundamental...

Since the 1998 “wind of falsification and embellishment,” Chinese official statistics on gross domestic product (GDP) have repeatedly come under scrutiny. This paper evaluates the quality of China’s GDP statistics in four stages. First, it reviews past and ongoing suspicions of the quality...

Since the 1998 “wind of falsification and embellishment,” Chinese official GDP statistics have repeatedly come under scrutiny. This paper evaluates the quality of China’s GDP statistics in four stages. First, it reviews past and ongoing suspicions of the quality of GDP data and examines...

Surprisingly little empirical work is available on how individual production sectors respond to macroeconomic shocks. The model developed in this paper quantifies the impact of monetary policy, exchange rates and external demand on the various production sectors of the Swiss economy. Our results...