@article{(Open Science Index):https://publications.waset.org/pdf/9997767,
	  title     = {Modelling Export Dynamics in the CSEE Countries Using GVAR Model},
	  author    = {S. Jakšić and  B. Žmuk},
	  country	= {},
	  institution	= {},
	  abstract     = {The paper investigates the key factors of export dynamics for a set of Central and Southeast European (CSEE) countries in the context of current economic and financial crisis. In order to model the export dynamics a Global Vector Auto Regressive (GVAR) model is defined. As opposed to models which model each country separately, the GVAR combines all country models in a global model which enables obtaining important information on spillover effects in the context of globalisation and rising international linkages. The results of the study indicate that for most of the CSEE countries, exports are mainly driven by domestic shocks, both in the short run and in the long run. This study is the first application of the GVAR model to studying the export dynamics in the CSEE countries and therefore the results of the study present an important empirical contribution.
},
	    journal   = {International Journal of Economics and Management Engineering},
	  volume    = {8},
	  number    = {3},
	  year      = {2014},
	  pages     = {732 - 740},
	  ee        = {https://publications.waset.org/pdf/9997767},
	  url   	= {https://publications.waset.org/vol/87},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 87, 2014},
	}