0
Your cart

Your cart is empty

Books > Business & Economics > Economics > Macroeconomics

Not currently available

Regionalization vs. Globalization (Electronic book text)
Regionalization vs. Globalization (Electronic book text): Hideaki Hirata, M. Ayhan Kose
Regionalization vs. Globalization (Electronic book text): Hideaki Hirata, M. Ayhan Kose

Share your images

Regionalization vs. Globalization (Electronic book text)

Hideaki Hirata, M. Ayhan Kose

 (sign in to rate)

Bookmark and Share

We have no sources for this product at present. If you add this to your wishlist we will let you know should it become available to order.

Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the global, regional, and country-specific factors in explaining business cycles in a large sample of countries and regions over the period 19602010. We find that, since the mid-1980s, the importance of regional factors has increased markedly in explaining business cycles especially in regions that experienced a sharp growth in intra-regional trade and financial flows. By contrast, the relative importance of the global factor has declined over the same period. In short, the recent era of globalization has witnessed the emergence of regional business cycles.

General

Imprint: International Monetary Fund
Country of origin: United States
Release date: 2013
Authors: Hideaki Hirata • M. Ayhan Kose
Format: Electronic book text
Pages: 66
ISBN-13: 978-1-299-26453-3
Barcode: 9781299264533
Categories: Promotions
Books > Business & Economics > Economics > Macroeconomics
Books > Business & Economics > Economics > Macroeconomics > General
LSN: 1-299-26453-0

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

Loyalty partners