Cuñat, Alejandro; Zymek, Robert - In: CESifo economic studies : CESifo, a joint initiative of … 63 (2017) 2, pp. 141-161
This article provides evidence of a link between specialization patterns-in intermediate inputs or final goods-and business cycle correlations: countries with a similar intermediate goods content of exports tend to have more correlated gross domestic product fluctuations and external balances....
