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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w10725 |
来源ID | Working Paper 10725 |
Determinants of Business Cycle Comovement: A Robust Analysis | |
Marianne Baxter; Michael A. Kouparitsas | |
发表日期 | 2004-09-06 |
出版年 | 2004 |
语种 | 英语 |
摘要 | This paper investigates the determinants of business cycle comovement between countries. Our dataset includes over 100 countries, both developed and developing. We search for variables that are robust' in explaining comovement, using the approach of Leamer (1983). Variables considered are (i) bilateral trade between countries; (ii) total trade in each country; (iii) sectoral structure; (iv) similarity in export and import baskets; (v) factor endowments; and (vi) gravity variables. We find that bilateral trade is robust. However, two variables that the literature has argued are important for business cycles industrial structure and currency unions are found not to be robust. |
主题 | International Economics ; International Finance ; International Macroeconomics |
URL | https://www.nber.org/papers/w10725 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568357 |
推荐引用方式 GB/T 7714 | Marianne Baxter,Michael A. Kouparitsas. Determinants of Business Cycle Comovement: A Robust Analysis. 2004. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w10725.pdf(1524KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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