better qualified workers, and pay higher hourly wages. We also uncover a pecking order of effects, with export …

and positive for short-run developments. Furthermore, trade of OECD countries and China lowers the degree of business …We analyze globalization and business cycles in China and selected OECD countries using dynamic correlation analysis …. We show that dynamic correlations of business cycles of OECD countries and China are low at business-cycle frequencies …

resources has dramatically changed trade volumes and structures in many resource-producing countries. Even though China has … trade between China and all LAC countries has increased twentyfold since 2000. Taking out Mexico from the LAC dataset …China is today the second-largest economy after the US and the world-leading export nation. The economic and political …