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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13731 |
来源ID | Working Paper 13731 |
Trade, Production Sharing, and the International Transmission of Business Cycles | |
Ariel Burstein; Christopher Kurz; Linda Tesar | |
发表日期 | 2008-01-09 |
出版年 | 2008 |
语种 | 英语 |
摘要 | Countries that are more engaged in production sharing exhibit higher bilateral manufacturing output correlations. We use data on trade flows between US multinationals and their affiliates as well as trade between the United States and Mexican maquiladoras to measure production-sharing trade and its link with the business cycle. We then develop a quantitative model of international business cycles that generates a positive link between the extent of vertically integrated production-sharing trade and internationally synchronized business cycles. A key assumption in the model is a relatively low elasticity of substitution between home and foreign inputs in the production of the vertically integrated good. |
主题 | International Economics ; International Macroeconomics |
URL | https://www.nber.org/papers/w13731 |
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/571406 |
推荐引用方式 GB/T 7714 | Ariel Burstein,Christopher Kurz,Linda Tesar. Trade, Production Sharing, and the International Transmission of Business Cycles. 2008. |
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 | ||
w13731.pdf(486KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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