Effects of bilateral trade and common trade exposure on business cycle synchronization: evidence from Korea

被引:0
|
作者
Kang, Kichun [1 ,2 ]
机构
[1] Yeungnam Univ, Sch Econ & Finance, Gyongsan, South Korea
[2] Yeungnam Univ, Sch Econ & Finance, Gyongsan 38541, South Korea
关键词
Trade; business cycle synchronization; trade intensity; common trade exposure; F15; F44; F62;
D O I
10.1080/13504851.2023.2276356
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study provides evidence that the effect of international trade on business cycle synchronization (BCS) depends on both bilateral trade intensity and common trade exposure to other countries, using the data of (South) Korea over the period 1992-2021. As an indirect source of BCS, the effect of common trade exposure works strongly through trade in intermediate inputs rather than in final goods.
引用
收藏
页码:567 / 571
页数:5
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