To bi, or not to bi? Differences between spillover estimates from bilateral and multilateral multi-country models
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DOI: 10.1016/j.jinteco.2017.03.010
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More about this item
Keywords
Spillovers; Bilateral models; Multilateral models; GVAR model; Two-country VAR models.;All these keywords.
JEL classification:
- F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
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