Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Middle East and Central Asia Department, issuing body.
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| ISBN: | 1283557711
9781283557719
9781452795454
1452795452
9781451963106
1451963106
1451918917
9781451918915
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| ISSN: | 2227-8885
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| Notes: | Includes bibliographical references (pages 18-19).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011.
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. http://purl.oclc.org/DLF/benchrepro0212
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Trade flows data show that the composition and cyclical properties of imports are similar in developed economies and emerging markets (EM) but this is not the case for exports. Unlike developed economies, (i) EM export few or only a selective set of capital goods and (ii) capital good and overall exports tend to be acyclical. The lack of procyclicality in exports drives the strong countercyclicality of EM trade balances observed in previous studies. A quantitative exercise demonstrates how the standard small open economy business cycle model can be improved for EM by incorporating these features.
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| Other form: | Print version: De Bock, Reinout. Composition and cyclical behavior of trade flows in emerging economies. [Washington, D.C.] : International Monetary Fund, ©2010
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| Standard no.: | 10.5089/9781451918915.001
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