VEC 모형에 기초한 한일 경제의 상호관계 분석

• 영문명: An Analysis of Interrelations between Korea and Japan: Evidence from a Structural VEC Model
• 발행기관: 한일경상학회
• 저자명: 최희갑(Hee Gab Choi)
• 간행물 정보: 『한일경상논집』제61권, 3~27쪽, 전체 25쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2013.11.30

영문 초록

We investigate the dynamic interrelations between Korean economy and Japanese economy. We set up a small open economy model to derive the purchasing power parity, the interest rate parity, the Fisher inflation parity, and an output gap relation. They are used as restrictions on the cointegration space of a structural vector error correction model. We then employ generalized impulse response analysis to assess the dynamic effects of shocks in output and interest rates from Japan. Generalized impulse response functions reveal that there are significant spillover effects of shocks to the Japan economy on Korea.

목차

Ⅰ. 서론

Ⅱ. 이론적 배경

Ⅲ. 실증분석

Ⅳ. 요약 및 결론

키워드

Korean economy Japanese economy structural vector error correction model generalized impulse response analysis