Based on the panel vector autoregressive model (PVAR) and the data of China’s 31 provinces from 2010 to 2019, this paper conducts a quantitative analysis on the dynamic balance relationship between express business volume and economic development status in recent 10 years. The results show that: Firstly, there is long-term equilibrium level of express industry economic level; Secondly, re...

We revisit the determinants of house prices in China’s megacities. Previous work on similar topics fails to account for widespread cross-sectional heterogeneity and interdependencies, despite importance them. Using a PVAR estimated by Bayesian method allowing these features, we find each city is rather unique, especially extent which local are disturbed external price shocks. The spillovers may...

This paper aims to evaluate the impact of commodity terms trade (CTOT) shocks on labour market resilience Sub-Saharan Africa (SSA) countries, comparing franc zone countries one hand, from non-franc other hand. The results PVAR estimation indicate a positive in SSA countries. finding holds both and When robustness is checked through PSTR, this relationship established be non-linear. policy impli...

O objetivo do estudo é verificar a relação entre concessão Agroamigo e o desenvolvimento crescimento econômico, representados pelo IFDM pela taxa de PIB per capita, respectivamente. Para isso, estimamos um Vetor Autorregressivo para Dados em Painel (PVAR), abrangendo 1.626 municípios Nordeste norte Minas Gerais, no período 2010 2016. Nossos resultados apontam uma resposta positiva estatisticame...

El objetivo de este trabajo es realizar un análisis empírico los efectos macroeconómicos la política macroprudencial y influencia del régimen monetario sobre esta en principales países América Latina desde 2007 hasta 2019. Los analizados son Argentina, Bolivia, Brasil, Costa Rica, Chile, Colombia, Ecuador, México, Perú Uruguay, divididos con Régimen Metas Inflación (RMI) que siguen otra estruct...

This paper explores the dynamics between design and technological change for regional innovation. We discuss a framework integrating persistence effects processes of knowledge recombination that explicitly recognize role as separated yet synergic element to within context innovation systems. Using panel vector autoregressive (PVAR) approach information on over 900 NUTS-3 regions across 20 count...

This paper builds a mixed-frequency panel data model for nowcasting economic variables across many countries. The extends the vector autoregression (MF-PVAR) to allow heterogeneous coefficients and multifactor error structure cross-sectional dependence. We propose modified common correlated effects (CCE) estimation technique which performs well in simulations. is applied two distinct settings: ...