Trade Integration and Business Cycle Synchronization : A Reappraisal with Focus on Asia /
This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new value-added trade data for 63 advanced and emerging economies during 1995-2012. In a panel framework, we identify a strong positive impact of trade intensity on BCS-conditional on vari...
Main Author: | |
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Other Authors: | , , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2014.
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Series: | IMF Working Papers; Working Paper ;
No. 2014/052 |
Online Access: | Full text available on IMF |