International Trade and Business Cycles: Is Vertical Specialization the Missing Link?

M. Ayhan Köse · Kei‐Mu Yi

240 citations0/0 files storedAmerican Economic Review

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Abstract

International Trade and Business Cycles: Is Vertical Specialization the Missing Link? by M. Ayhan Kose and Kei-Mu Yi. Published in volume 91, issue 2, pages 371-375 of American Economic Review, May 2001

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2001The nature and growth of vertical specialization in world trade 1998The Endogenity of the Optimum Currency Area Criteria 1992International Real Business Cycles n.d.Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?2002Financial autarky and international business cycles 1994Business Cycles and the Asset Structure of Foreign Trade 2001Borders and business cycles 2001Gravity with Gravitas: A Solution to the Border Puzzle

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2006Trade intensity and business cycle synchronization: Are developing countries any different?2008Trade, production sharing, and the international transmission of business cycles 2011Trade and the Global Recession 2003The Endogeneity of the Optimum Currency Area Criteria, Intra‐industry Trade, and EMU Enlargement 2005Can the standard international business cycle model explain the relation between trade and comovement?2005Breaks in the Variability and Comovement of G-7 Economic Growth

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