| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17230 |
| DP17230 Measuring Openness | |
| Jean Imbs; Laurent Pauwels | |
| 发表日期 | 2022-04-17 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | We introduce a measure of exposure to foreign shocks -openness- that computes the fraction of output subjected to foreign shocks at any order. The measure is easy to obtain for any sector with input-output data; It implies that openness is much more prevalent than often thought, especially in services. Theoretically the new measure correlates systematically with the response of productivity to foreign shocks because it reflects high order linkages in output (rather than trade). Empirically it also correlates highly with productivity in an international sample of sector level data. None of these conclusions are true for conventional measures of openness. |
| 主题 | International Macroeconomics and Finance ; International Trade and Regional Economics ; Macroeconomics and Growth |
| 关键词 | Measurement of openness Global value chains Shock propagation Growth Productivity Synchronization Instrumenting openness |
| URL | https://cepr.org/publications/dp17230 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546231 |
| 推荐引用方式 GB/T 7714 | Jean Imbs,Laurent Pauwels. DP17230 Measuring Openness. 2022. |
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