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 …

A striking feature of U.S. trade is that both imports and exports are heavily concentrated in capital goods and … of trade flows and the sectoral composition of U.S. expenditure, and simply posit import and exports as depending on an … account of the expenditure composition of U.S. trade in an empirically-realistic way yields implications for the responses of …

though trade and financial flows do not really increase correlations of business cycles between China and OECD countries …

commodity trade and capital mobility. We show that consumption smoothing, which comes with the opening of the capital market …

The object of this study is to assess the role of trade structure and firms pricing behaviour in the transmission of … bilateral trade within a region, can actually limit the extent of beggar-thy neighbour effects while the opposite applies to the … trade integration with the EU might suggest that these countries, which significantly trade also with non EU countries …

-industry trade, but has no direct relation between business cycles and bilateral trade intensity. As far as intra-industry trade is … positively correlated with trade intensities, this result confirms the OCA endogeneity hypothesis. The endogeneity of OCA linkage …

of a severe terms-of-trade shock. We demonstrate that the degree of flexibility reulting from these reallocative effects …

of a severe terms-of-trade shock. We demonstrate that the degree of flexibility reulting from these reallocative effects …