Showing 1 - 10 of 117
This paper studies the trade linkages between South Africa and the BRIC (Brazil, Russia, India and China) countries. We apply a global vector autoregressive model (global VAR) to investigate the degree of trade linkages and shock transmission between South Africa and the BRIC countries over the...
Persistent link: https://www.econbiz.de/10011048956
This paper examines the stationarity of carbon dioxide (CO2) emissions per capita for a set of 36 countries covering the period 1870–2006. We employ recently developed unit root and stationarity tests that allow for the mean reverting process to be nonlinear and take into account cross...
Persistent link: https://www.econbiz.de/10010737975
In this paper we analyse real convergence in GDP per worker in the EU member states. The aim is to test whether there is evidence of club convergence in the EU, i.e. divergence in GDP per worker. Evidence in favour of cluster or club convergence may be an indication of significant productivity...
Persistent link: https://www.econbiz.de/10011048891
This paper examines regional divergence in income across different states in India, and estimates convergence clubs endogenously. The paper makes two useful contributions. First, the data is analyzed using a novel method due to Phillips and Sul (2007) leading to different conclusions in...
Persistent link: https://www.econbiz.de/10010608278
Long run convergence implies that the convergence hypothesis will be rejected if the income differential is not stationary. However, this definition is valid only if the catching-up process between the two countries is already over. If we take into account catching-up dynamics, then poorest...
Persistent link: https://www.econbiz.de/10010608298
trading partners using a multi-country dataset GVAR model. Our model includes 15 advanced and emerging countries and uses …
Persistent link: https://www.econbiz.de/10010744022
inferred from multivariate time series and structural econometric methods. In particular, the GVAR and the NiGEM are employed …
Persistent link: https://www.econbiz.de/10010753351
This paper evaluates the household food security situation in Kenya in terms of access to food. We apply a quadratic almost ideal demand system (QUAIDS) model to nationally representative household survey data from Kenya, and estimate and interpret price and expenditure elasticities as...
Persistent link: https://www.econbiz.de/10012287669
This paper analyses a second-order polynomial spatial structure in the residues of a regression model. We propose a new specification that captures spatial dependence on two different levels, adding a new autoregressive cycle to the errors of the classical spatial error model (SEM). The...
Persistent link: https://www.econbiz.de/10011048735
The article analyzes the population shares of employed, unemployed and other men and women by utilizing the 2001 Greek Census data collected at the municipal level. It departs from other studies on the subject by (a) considering not one but all economic activities simultaneously, (b) trying to...
Persistent link: https://www.econbiz.de/10011048743