Assessing Systemic Trade Interconnectedness : An Empirical Approach /

The paper focuses on systemically important jurisdictions in the global trade network, complementing recent IMF work on systemically important financial sectors. Using the IMF's Direction of Trade Statistics (DOTS) database and network analysis, the paper develops a framework for ranking jurisd...

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Bibliografiska uppgifter
Huvudupphovsman: Massara, Alexander
Övriga upphovsmän: Errico, Luca
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/214
Ämnen:
Länkar:Full text available on IMF
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245 1 0 |a Assessing Systemic Trade Interconnectedness :   |b An Empirical Approach /  |c Alexander Massara, Luca Errico. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2011. 
300 |a 1 online resource (24 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper focuses on systemically important jurisdictions in the global trade network, complementing recent IMF work on systemically important financial sectors. Using the IMF's Direction of Trade Statistics (DOTS) database and network analysis, the paper develops a framework for ranking jurisdictions based on trade size and trade interconnectedness indicators using data for 2000 and 2010. The results show a near perfect overlap between the top 25 systemically important trade and financial jurisdictions, suggesting that these ought to be the focus of risk-based surveillance on cross-border spillovers and contagion. In addition, a number of extensions to the approach are developed that can provide a better understanding of trade dynamics at the bilateral, regional, and global levels. 
538 |a Mode of access: Internet 
650 7 |a Interconnectedness Ranking  |2 imf 
650 7 |a Jurisdiction  |2 imf 
650 7 |a Trade Sector  |2 imf 
650 7 |a Trade  |2 imf 
650 7 |a WP  |2 imf 
651 7 |a China, People's Republic of  |2 imf 
700 1 |a Errico, Luca. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2011/214 
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