IDEAS home Printed from https://ideas.repec.org/a/cje/issued/v20y1987i4p855-69.html
   My bibliography  Save this article

Cyclical Co-movements of Output and Trade in the World Economy

Author

Listed:
  • Harris Dellas

Abstract

An intertemporal maximization general equilibrium model of an industrial block and an LDC resource- rich block is constructed and used to examine the cyclical behavior o f trade flows, investment, and output in the world economy. It is dem onstrated that supply disturbances originating in the raw-materials m arket lead to positive across economic zones and persistent over time comovements in trade, investment, and output if the world real inter est rate moves countercyclically. It is also shown that the sign of t he response of the current account to a supply shock depends on the s ize of the distribution of gains from trade.

Suggested Citation

  • Harris Dellas, 1987. "Cyclical Co-movements of Output and Trade in the World Economy," Canadian Journal of Economics, Canadian Economics Association, vol. 20(4), pages 855-869, November.
  • Handle: RePEc:cje:issued:v:20:y:1987:i:4:p:855-69
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0008-4085%28198711%2920%3A4%3C855%3ACCOOAT%3E2.0.CO%3B2-V
    Download Restriction: only available to JSTOR subscribers

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Robin Boadway & Neil Bruce & Jack Mintz, 1984. "Taxation, Inflation, and the Effective Marginal Tax Rate on Capital in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 17(1), pages 62-79, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Selover, David D., 2004. "International co-movements and business cycle transmission between Korea and Japan," Journal of the Japanese and International Economies, Elsevier, vol. 18(1), pages 57-83, March.
    2. Selover, David D., 1997. "Business cycle transmission between the United States and Japan: A vector error correction approach," Japan and the World Economy, Elsevier, vol. 9(3), pages 385-411, August.
    3. Selover, David D. & Round, David K., 1996. "Business cycle transmission and interdependence between Japan and Australia," Journal of Asian Economics, Elsevier, vol. 7(4), pages 569-602.
    4. Anelí Bongers & José L. Torres & Jesús Rodríguez, 2010. "Caracterización del ciclo económico en Andalucía 1980 - 2008," Economic Working Papers at Centro de Estudios Andaluces E2010/08, Centro de Estudios Andaluces.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cje:issued:v:20:y:1987:i:4:p:855-69. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Werner Antweiler). General contact details of provider: http://edirc.repec.org/data/ceaaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.