Regime-Dependent Synchronization of Growth Cycles between Japan and East Asia
نویسندگان
چکیده
منابع مشابه
Regime-dependent synchronization of growth cycles between Japan and East Asia*
The sign of correlations between GDP growth in Japan and in emerging East Asian countries is ambiguous. Previous work found either consistently positive or consistently negative correlations. We propose using an integrated framework where cross-country correlations depend on the phase of the business cycle. For ten East Asian countries over 1975-2002 with quarterly GDP data, we consider a three...
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ژورنال
عنوان ژورنال: Asian Economic Papers
سال: 2004
ISSN: 1535-3516,1536-0083
DOI: 10.1162/1535351054825166