Net exports of the European post- transition countries: the dynamic factor approach (CROSBI ID 258103)
Prilog u časopisu | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Bilas, Vlatka ; Bošnjak, Mile ; Lacković Vincek, Zrinka
engleski
Net exports of the European post- transition countries: the dynamic factor approach
The paper brings the common and unobserved factor of net exports of the six European post- transition countries, namely Czech Republic, Slovakia, Slovenia, Hungary, Latvia and Romania. Th e data sample consists of the quarterly net exports time series for the period 1996q1 – 2017q2. Th e results out of the dynamic factor analysis (DFA) revealed that one hidden random walk explains 53.17% of temporal variation in net exports of the observed sample countries. Th e relationship between unobserved hidden factor and net exports of Czech Republic, Slovakia, Slovenia and Hungary is found to be positive while the Romanian net export was negatively aff ected. However, the unobserved factor identifi ed in this paper cannot explain the net export in case of Latvia.
net exports ; European post transition countries ; dynamic factor approach
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Podaci o izdanju
VIII (II)
2018.
338-347
objavljeno
2232-8823
2232-9633
10.7251/EMC1802338B
Povezanost rada
Ekonomija