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Meta-Analysis of Chinese Business Cycle Correlation

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  • Jarko Fidrmuc

    (Zeppelin University Friedrichshafen)

  • Iikka Korhonen

    (Bank of Finland Institute for Economies in Transition and Hong Kong Institute for Monetary Research)

Abstract

We summarize previous research on China¡¦s business cycle correlation with other countries with the help of meta-analysis techniques. We survey 71 related papers along with all the characteristics of the estimations as well as those of the authors. We confirm that especially Pacific Rim countries have relatively high business cycle correlation with China. However, it appears that many characteristics of the studies and authors do influence the reported degree of business cycle synchronization. For instance, Chinese-language papers report higher correlation coefficients. Despite of this, we do not detect a robust publication bias in the papers.

Suggested Citation

  • Jarko Fidrmuc & Iikka Korhonen, 2015. "Meta-Analysis of Chinese Business Cycle Correlation," Working Papers 062015, Hong Kong Institute for Monetary Research.
  • Handle: RePEc:hkm:wpaper:062015
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    Cited by:

    1. Lechthaler, Wolfgang & Mileva, Mariya, 2016. "Inter-industry trade and business cycle dynamics," Kiel Working Papers 2041, Kiel Institute for the World Economy (IfW).
    2. Gunby, Philip & Jin, Yinghua & Robert Reed, W., 2017. "Did FDI Really Cause Chinese Economic Growth? A Meta-Analysis," World Development, Elsevier, vol. 90(C), pages 242-255.

    More about this item

    Keywords

    Business Cycle Synchronization; Meta-Analysis; China;

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles

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