This empirical study aims to investigate the effects of political instability on economic volatility and monetary policy conduct. The econometric methodology adopted is the Panel Auto-Regressive Distributed Lag (PARDL). The instability variable was…
Orientation: Agriculture is key to South Africa’s economy, but exports face high transport costs, logistical bottlenecks, and infrastructure constraints, limiting competitiveness.
Research purpose: To examine how transport costs and logistical…
About two years ago, the world was hit by a major unexpected shock: the COVID-19 pandemic. While this health and economic crisis has had, and continues to have, a severe impact on European citizens and businesses, the euro area banking sector has so…
We consider two countries with initially one firm in each country and the possibility for each firm to invest in the other country or commercialize its products, and for workers to immigrate (Common Labor Market; CLM). Interestingly, when firms…
As inter-sectoral linkages are being increasingly organized in complex networks, It has become inconceivable to study sectors’ responses to exogenous shocks without considering the nature of these invisible but real linkages Leontief (1941). However…