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Trade structure, industrial structure, and international business cycles

Marianne Baxter () and Michael Kouparitsas ()

No WP-02-30, Working Paper Series from Federal Reserve Bank of Chicago

Abstract: This paper examines the extent to which the composition of a country's production and trade differs among its trade partners. For example, does the US export the same bundle of goods to the UK as it does to Japan? If we find high dispersion in a country's export and import bundles with its various trading partners, can this be linked to identifiable country characteristics? These findings are important for two reasons. First, they enrich our empirical understanding of the nature of trade. Second, they will stand as a guide for further development of economic theories of the international transmission of business cycles.

Keywords: Trade; Industrial organization (Economic theory); Business cycles (search for similar items in EconPapers)
Date: 2002
New Economics Papers: this item is included in nep-mac
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Journal Article: Trade Structure, Industrial Structure, and International Business Cycles (2003) Downloads
Working Paper: Trade Structure, Industrial Structure and International Business Cycles Downloads
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