Putting the Parts together : Trade, Vertical Linkages, and Business Cycle Comovement /
Countries that trade more with each other exhibit higher business cycle correlation. This paper examines the mechanisms underlying this relationship using a large cross-country industry-level panel dataset of manufacturing production and trade. We show that sector pairs that experience more bilatera...
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| Format: | Book |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2009
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| Series: | IMF Working Papers ;
Working Paper No. 09/181 IMF eLibrary |
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