Putting the Parts Together : Trade, Vertical Linkages, and Business Cycle Comovement /

Countries that trade more with each other exhibit higher business cycle correlation. This paper examines the mechanisms underlying this relationship using a large cross-country industry-level panel dataset of manufacturing production and trade. We show that sector pairs that experience more bilatera...

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Xehetasun bibliografikoak
Egile nagusia: Levchenko, Andrei
Beste egile batzuk: Di Giovanni, Julian
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2009.
Saila:IMF Working Papers; Working Paper ; No. 2009/181
Sarrera elektronikoa:Full text available on IMF