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Individual and panel modeling of foreign business cycle transmission on small open economics

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86086473" target="_blank" >RIV/61989100:27510/13:86086473 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Individual and panel modeling of foreign business cycle transmission on small open economics

  • Original language description

    The purpose of this paper is to investigate a panel model of transmission of foreign business cycle on small open economics for a group of new member states in the EU (EU12) over the period 1995Q1 ? 2012Q4. There are two different channels of business cycle transmission ? financial markets and foreign trade. This paper will be investigated second one. We examine the relationship among the variables of domestic output growth, foreign output growth and the real exchange rate. We provide the panel unit roots tests using Levin, Lin and Chu, Breitung and Im, Pesaran, Shin tests assuming common unit root process and the ADF or PP Fisher-type tests for individual unit root process. Once the existence of a panel unit root has been established, we examine a long-run equilibrium relationship among the variables using panel cointegration test without structural breaks (seven Pedroni?s tests, Kao (Engle-Granger based) tests and also combined Fisher - Johansen tests. There is evidence that both var

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2013

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Mathematical Methods in Economics 2013 : 31st international conference : 11-13 September 2013, Jihlava, Czech Republic

  • ISBN

    978-80-87035-76-4

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    225-230

  • Publisher name

    College of Polytechnics Jihlava

  • Place of publication

    Jihlava

  • Event location

    Jihlava

  • Event date

    Sep 11, 2013

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article