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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Бібліографічні деталі
Автор: Levchenko, Andrei
Інші автори: Di Giovanni, Julian
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2009.
Серія:IMF Working Papers; Working Paper ; No. 2009/181
Онлайн доступ:Full text available on IMF