Growth Volatility in Belize

An open economy structural vector autoregressive (SVAR) model is developed for Belize with the objective of identifying the main factors behind the volatility in output growth. A MarkovSwitching VAR (MS-VAR) model is also employed to explore whether the response to shocks is the similar across diffe...

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Bibliographic Details
Main Authors: Longmore, Rohan, Antonio, Matias, Oliveira, Luiz Edgard, McLeod, Roger
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/677811576083446081/Growth-Volatility-in-Belize
http://hdl.handle.net/10986/33068