Trade Integration and Business Cycle Synchronization: A Reappraisal with Focus on Asia

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 various controls, global common shocks and... READ MORE...

Publication date: April 2014
ISBN 9781475522464
$18.00

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