Topic
Spillover effect
About: Spillover effect is a research topic. Over the lifetime, 7869 publications have been published within this topic receiving 167367 citations.
Papers published on a yearly basis
Papers
More filters
TL;DR: In this article, the linkages among the different stock markets in the Greater China region (China, Hong Kong, and Taiwan) were explored and the empirical findings showed no indications of long-run relationships among the markets.
127 citations
TL;DR: In this article, the authors examined whether and to what extent emerging-market multinational enterprises (EM MNEs) use outward foreign direct investment (FDI) in a developed market to capture knowledge spillovers so as to improve their technological capabilities at home.
127 citations
Posted Content•
TL;DR: In this article, the relevance of external, domestic, and financial weaknesses as well as trade and financial linkages in inducing financial crises for a sample of 61 emerging market and industrial countries was investigated empirically.
Abstract: This paper investigates empirically the relevance of external, domestic, and financial weaknesses as well as trade and financial linkages in inducing financial crises for a sample of 61 emerging market and industrial countries. A panel probit estimation finds these economic indicators to be significant for emerging market countries during the Mexican, Asian, and Russian crises. In particular, the indicators of vulnerability to international financial spillover (common creditor) and of financial fragility (reserve adequacy) are highly significant and appear to explain the apparent regional concentration of these crises. Exchange rate regimes and capital controls, however, do not seem to matter.
126 citations
TL;DR: Wang et al. as discussed by the authors proposed a new method that calculates the time-varying volatility spillover indexes by the generalized forecast error variance decomposition of TVP-VAR-SV model.
126 citations
Posted Content•
TL;DR: Christchurch has been reasonably resilient to the impact of the earthquakes, and the spillover to other regions in New Zealand has been limited as mentioned in this paper, and goods exports and manufacturing activity appear to have held up well.
Abstract: In late 2010 and in 2011, Canterbury endured a series of major earthquakes. Overall, the Canterbury economy has been reasonably resilient to the impact of the earthquakes, and the spillover to other regions in New Zealand has been limited. Goods exports and manufacturing activity appear to have held up well. Conversely, some sectors, notably retail, accommodation and hospitality, have been hard hit. International visitor numbers are sharply down, and there appears to have been some population loss from Christchurch. Repair and rebuild activity is under way and expected to accelerate from here, peaking in the next few years, but will take at least a decade to complete.
126 citations