BUSINESS CYCLE SYNCHRONIZATION AND PRODUCTION FRAGMENTATION IN EAST ASIA

Fumihide Takeuchi
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Fumihide Takeuchi: Institute of General Education, Japan Advanced Institute of Science and Technology, 1-1, Asahidai, Nomi, Ishikawa, 923-1292, Japan

Chapter 2 in Global Linkages and Economic Rebalancing in East Asia, 2013, pp 19-42 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionRelated LiteratureThe Correlation of Business Cycles and FragmentationBusiness cycle synchronization in East Asia and in major advanced countriesFragmentation of production in East Asia and Japan/the United StatesChanges in the economic environment after the Asian financial crisisStructural FAVARModelData and model selectionEmpirical resultsVariance decompositionExamination of the factorsConclusionReferences

Keywords: Rebalancing Demand; East Asia; Business Cycles Synchronization; Free Trade Agreements; Inflation Targeting; Financial Market Development; China's Household Saving Rates; PFI-Based Infrastructure Development (search for similar items in EconPapers)
Date: 2013
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