search query: @indexterm ECONOMIC INTERDEPENDENCE / total: 23
reference: 2 / 23
Author: | Loayza, N. Lopez, H. Ubide, A. |
Title: | Comovements and sectoral interdependence: evidence for Latin America, East Asia, and Europe |
Journal: | IMF Staff papers
2001 : VOL. 48:2, p. 367-396 |
Index terms: | Economic theory Interdependency Economic interdependence Latin America East Asia Europe |
Language: | eng |
Abstract: | The paper analyzes common economic patterns across countries and economic sectors in Latin America, East Asia, and Europe for the period 1970-94 by means of an error-components model that decomposes real value-added growth in each country into common international effects, sector-specific effects, and country-specific effects, and country-specific effects. The authors find significant comovements in the European and East Asian samples. |
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