The KOF Globalisation Index â€“ Revisited
Florian Haelg () and
Jan-Egbert Sturm ()
Additional contact information
Florian Haelg: KOF Swiss Economic Institute, ETH Zurich, Switzerland
Jan-Egbert Sturm: KOF Swiss Economic Institute, ETH Zurich, Switzerland
No 18-439, KOF Working papers from KOF Swiss Economic Institute, ETH Zurich
In this paper we present and describe the revised version of the KOF Globalisation Index, a composite index measuring globalisation for every country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006) and updated in Dreher et al. (2008). This second revision of the index introduces the differentiation between de facto and de jure measures along the different dimensions of globalisation, the differentiation between trade and financial globalisation within the economic dimension of globalisation and time-varying weighting of the variables entering the index. Finally, the revised version incorporates several additional variables in the construction process. At the aggregate level, we show that a bidirectional relationship between de facto and de jure globalisation exists.
Keywords: Keywords: Globalisation; composite indicators; Granger causality; economic growth (search for similar items in EconPapers)
JEL-codes: F15 F36 F43 F53 F60 F62 O19 O24 O57 Y10 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kof:wpskof:18-439
Access Statistics for this paper
More papers in KOF Working papers from KOF Swiss Economic Institute, ETH Zurich Contact information at EDIRC.
Bibliographic data for series maintained by ().