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Global VAR×Panel VARX×
FushaEkonometriEkonometri
FamiljaRegression modelRegression model
Viti i origjinës20042013
KrijuesiPesaran, Schuermann, and WeinerCanova and Ciccarelli
LlojiInternational system modelMulti-equation panel model
Burimi themeluesPesaran, M. H., Schuermann, T., & Weiner, S. M. (2004). Modeling regional interdependencies using a global error-correcting macroeconometric model. Journal of Business and Economic Statistics, 22(2), 129-162. DOI ↗Canova, F., & Ciccarelli, M. (2013). Panel vector autoregressive models: A survey. Advances in Econometrics, 32, 205-246. DOI ↗
Emërtime të tjeraGVAR, Multi-country VARPanel VAR-X
Të lidhura33
PërmbledhjaGlobal VAR (GVAR) is a large-scale macroeconomic modeling framework linking multiple countries (or regions) via trade and financial channels, allowing shocks in one country to propagate through the global system. Introduced by Pesaran et al. (2004), it solves the curse of dimensionality in international VAR models by estimating country-specific VARs conditional on foreign variables, then solving a system linking all countries. This approach is invaluable for analyzing global spillovers and international policy coordination.Panel VARX extends vector autoregression to heterogeneous panels with exogenous variables, enabling simultaneous modeling of multiple endogenous variables alongside observed external factors across many units. Introduced by Holtz-Eakin et al. (1988) and advanced by Canova and Ciccarelli (2013), it captures dynamic relationships within units while allowing parameters to vary across units. This framework is essential for macroeconomic panels and understanding cross-unit heterogeneity in responses to common shocks.
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ScholarGateKrahasoni metodat: Global VAR · Panel VARX. Marrë më 2026-06-18 nga https://scholargate.app/sq/compare