Sectorial macroeconomic interdependencies : evidence for Latin America, East Asia and Europe /
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Author / Creator: | Loayza, Norman. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, European I Dept., ©1999. |
Description: | 1 online resource (38 pages) : illustrations |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/99/11 IMF working paper ; WP/99/11. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497079 |
Summary: | This 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. We find significant comovements in the European and East Asian samples. In the Latin American sample, however, we find country-specific components to be more important than common patterns. These results are robust to different sub-sample time spans and different sub-sample country groups. |
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Physical Description: | 1 online resource (38 pages) : illustrations |
Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
Bibliography: | Includes bibliographical references (pages 37-38). |
ISBN: | 1451890915 9781451890914 9781451842760 1451842767 1462357164 9781462357161 1452797730 9781452797731 1281603953 9781281603951 9786613784643 6613784648 |
ISSN: | 2227-8885 ; |