Linyue Li

Deepening Interdependence or Decoupling Hypothesis In East Asia through Trade Transmission:

An Empirical Study Using Dynamic Factor Models and Standard Approaches

• Broschiertes Buch

Produktbeschreibung

Decoupling refers to the divergence of business cycles among different countries, and Re-coupling corresponds to convergence. Decoupling is just a fancy word for separation . The aim of this study is to discover whether there has been decoupling or convergence of business cycles through the trade channel. As trade integration increased among Asian countries, business cycle synchronization among these countries was expected to increase through trade transmission. Theoretically, however, increased trade can lead to business cycles synchronization either rising or falling. Inter-industry trade resulting in higher specialization will induce less synchronized business cycles, while intra-industry trade could lead to increased business cycle synchronization. Thus, it is important to distinguish between intra- and inter-industry trade flows. A major part of the dissertation involved the calculation of inter-industry trade indices and intra-industry trade indices at the aggregate and industry levels based on the original data from IMF and WB.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Aufl.
• Seitenzahl: 208
• Erscheinungstermin: 2. Januar 2012
• Englisch
• Abmessung: 220mm x 150mm x 13mm
• Gewicht: 292g
• ISBN-13: 9783847331841
• ISBN-10: 3847331841
• Artikelnr.: 34737801

Autorenporträt

Dra. Linyue Li, professora assistente na Escola de Comércio Internacional e Economia, Universidade Central de Finanças e Economia, Pequim, China, e investigadora sénior do Instituto Claremont de Estudos de Política Económica (CIEPS), Califórnia, EUA. O seu campo de estudo inclui principalmente Dinheiro e Finanças Internacionais, Economia Internacional e Econometria.