The paper uses a global vector autoregression model with quarterly time series data from 1994 to 2016 to investigate the spillover effects of Chinese trade and growth shocks on 10 Association of Southeast Asian Nations countries. Time varying trade weights are used to construct the foreign variables in individual country models and structural generalized impulse response functions are used to conduct the dynamic analysis. The results show that a positive...
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تفاصيل
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2022/11/07
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ورقة عمل خاصة ببحوث السياسات
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WPS10225
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1
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2022/11/07
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Disclosed
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Spillover Effects of China’s Trade and Growth Shocks on ASEAN countries : Evidence from a GVAR Model