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countries between 1990 and 1999. It is shown that intraindustry trade actually causes the convergence of business cycles, while … there is no direct relation between business cycles and bilateral trade intensity. As far as intraindustry trade is … positively correlated with trade, the OCA endogeneity hypothesis is confirmed, although the argumentation follows Krugman (1993 …
Persistent link: https://www.econbiz.de/10005163392
This contribution discusses the development of Austria's trade with the European Union. First, a descriptive analysis … shows that Austrian exports to the European Union were adversely affected by trade barriers during the 1980s and in the … gravity model for a panel of OECD countries confirms positive trade liberalization effects after the country's accession to …
Persistent link: https://www.econbiz.de/10005273217
synchronization and trade only for business-cycle frequencies. The co-movements at longer frequencies are negatively related to trade …, so that the overall co-movements and trade tend not to be significantly related. …
Persistent link: https://www.econbiz.de/10011191519
We analyse trade between countries of the Council of Mutual Economic Assistance in Eastern Europe between 1950 and 1990 …. Despite central planning of the CMEA, we show that trade could be explained by standard demand factors surprisingly well. We … improved terms of trade with the rest of the world and the CMEA as a whole responded to the oil crisis by intensifying intra …
Persistent link: https://www.econbiz.de/10010569142