trade intensity and business cycle synchronization among eco members
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منابع مشابه
The Synchronization of Business Cycles among Iran’s Trade Partners
In recent years, investigating synchronization of business cycles among countries, after increasing integration of global economies, has been attracted more attention of policy makers and researchers. Perhaps an unknown origin of such similarities, as an open question, is the main reason of these interests. So, with regard to the mentioned question, the aim of this paper is to investigate some ...
متن کاملBusiness Cycle Synchronization and Patterns of Trade: Cases from Gulf Cooperation Council Countries
Do similarities in trade patterns of GCC countries (UAE, KSA, Qatar, Bahrain, Kuwait, and Oman), which are geographically and politically alike and also enjoy oil income, affect the synchronization of their business cycles and make them have similar booms and busts? In this paper, we attempt to connect these two features and explore this question. Using various estimation methods (Common Corre...
متن کاملECO and Regional Trade
Economic Cooperation Organization (ECO), based on regional and multicultural cooperation, has focused on the improvement of living standards, collective as well as individual prosperity of people and economic development of member’s states. Since February 1992 ECO has been expanded to ten as the result of collapse of the Soviet Union. Of course, gas and oil are very important factors in this re...
متن کاملاثر یکپارچگی های تجاری و مالی بر همزمانی ادوار تجاری در اکو: شواهدی از یک شاخص همبستگی پویا
The new theories on international economic indicate that the shocks from trade and financial integrations have different effects on business cycle synchronization. This paper investigates these effects on business cycle synchronization in ECO Countries, during 1993-2011 by introducing a new and dynamic cross correlation index. The results show that an increase of trade and financial transaction...
متن کاملGlobalization and Business Cycle Synchronization:
This paper empirically investigates the impact of globalization on the business cycle comovement of individual US states with the rest of the national economy and with the rest of world. Regressions with panel data over the period 1990-2005 provide strong evidence in support of the conventional wisdom that rising global integration over time, through either trade or foreign direct investment fl...
متن کاملThe Worldwide Business Cycle Synchronization Evolution
This paper analyses the evolution of the business cycle worldwide synchronization since 1960. For that, it purposes a correlation index that allows to measure the cross-country synchronization period per period rather than using time windows. This new methodlogy allows to control for outliers when synchronizion across countries increased/droped unexpectedly in single years, and so, it can check...
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عنوان ژورنال:
پژوهشنامه بازرگانیجلد ۱۶، شماره ۶۱، صفحات ۸۱-۱۱۱
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