Impact of Economic Complexity and Political, Economic, Financial Risk Shock on Income Gap; Application PVAR Model

This study implemented Panel Vector Autoregression (PVAR) Model to examine short-run dynamic relationships between inflation rate, population and unemployment rate as function of Gross Domestic Product (GDP) for Economic Community West Africa States (ECOWAS) counties. To achieve this, secondary data was sourced Population, Inflation Unemployment GDP from National Bureau Statistics, Nigeria ECOW...

This quantitative research aims to measure the factors that affect economy in 10 ASEAN countries 2014-2020. The method used is panel vector autoregressive (PVAR). results of were divided into several tests. First, causality test shows GDP has an effect on inflation and money supply with a one-way causality. Second, PVAR significant unemployment rate at lags 1 2. follow-up test, namely IRF, shoc...

Renewable energy policy is one of the remarkable parts sustainable development path. However, political-economic dimension renewable policies not so much widely discussed. Besides, democracy and globalization are essential factors affecting energy. Hence, this paper examines relationship between consumption, democracy, in Central Eastern European Countries (CEECs) during period 1995-2021. Econo...

This study estimates the effects of demographic dynamics on economic growth, with a focus working-age population and life expectancy in 19 European Union economies for 1970–2020 2020–2050, using panel vector autoregressive (PVAR) model as analytical methodology. The main findings are follows. First, PVAR estimation identifies positive growth share extension growth. Second, contribution ratio to...

This paper presents an optimal portfolio selection approach based on value at risk (VaR), conditional value at risk (CVaR), worst-case value at risk (WVaR) and partitioned value at risk (PVaR) measures as well as calculating these risk measures. Mathematical solution methods for solving these optimization problems are inadequate and very complex for a portfolio with high number of assets. For t...

Purpose — This study investigates the relationship between commercial and social activities in Indonesian Islamic banks.Method employed a Panel Vector Error Correction Model (PVAR) model with Impulse Response Function (I.R.F), Variance Decomposition (V.D.C), Granger Causality. Observations were conducted from 2010 to 2020 on eight banks Indonesia, representing 72.72 percent of total banking pop...