Modelling Productivity Shocks and Economic Growth Using the Bayesian Dynamic Stochastic General Equilibrium Approach.
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DOI: 10.1108/ijchm-10-2017-0686
Abstract: Most existing studies on the impact of tourism on economic growth adopt an econometric approach that is insufficient to confirm that tourism actually leads to economic growth. Moreover, it cannot explain the causalities of different… read more here.
Keywords: stochastic general; tourism; economic growth; dynamic stochastic ... See more keywords
External Shocks and Their Transmission Channels in Nigeria: A Dynamic Stochastic General Equilibrium Approach
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DOI: 10.1177/09749101211067311
Abstract: The study examines the sources of external shocks and investigates their transmission channels in Nigeria using the trade-weighted variables from the country’s five top trading partners. Based on the assumption of the small open economy… read more here.
Keywords: dynamic stochastic; channels nigeria; transmission channels; general equilibrium ... See more keywords