Business Cycle Correlations in Asia-Pacific

Mark Crosby

No 42003, Working Papers from Hong Kong Institute for Monetary Research

Abstract: In this paper business cycle correlations between countries in the Asia-Pacific region are examined. A number of authors have suggested that trade intensity between pairs of countries increases business cycle synchronisation, though theoretically it is not clear that this should be the case. In this paper trade intensity and a number of other macroeconomic and structural variables are used to try and explain synchronisation. Our findings suggest that trade does not explain correlations in the Asia-Pacific region.

Pages: 16 pages
Date: 2003-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33)

Downloads: (external link)
http://www.hkimr.org/uploads/publication/282/ub_full_0_2_21_wp200304_text.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.hkimr.org/uploads/publication/282/ub_full_0_2_21_wp200304_text.pdf [301 Moved Permanently]--> http://www.aof.org.hk/research/HKIMR/uploads/publication/282/ub_full_0_2_21_wp200304_text.pdf [301 Moved Permanently]--> https://www.aof.org.hk/research/HKIMR/uploads/publication/282/ub_full_0_2_21_wp200304_text.pdf)

Related works:
Journal Article: Business cycle correlations in Asia-Pacific (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hkm:wpaper:042003

Access Statistics for this paper

More papers in Working Papers from Hong Kong Institute for Monetary Research Contact information at EDIRC.
Bibliographic data for series maintained by HKIMR (hkimr@hkma.gov.hk).