Do trade and technology reduce asymmetries? Evidence from manufacturing industries in the EU

Rovelli, Riccardo ; Paci, Raffaele (1997) Do trade and technology reduce asymmetries? Evidence from manufacturing industries in the EU. Bologna: Dipartimento di Scienze economiche DSE, p. 24. DOI 10.6092/unibo/amsacta/5007. In: Quaderni - Working Paper DSE (301). ISSN 2282-6483.
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Abstract

Are asymmetric shocks to output less important for industries which are more open to trade and more technology-intensive? Our results, obtained from a correlation analysis between growth rates of value added in thirteen manufacturing industries in eleven European countries between 1979 and 1990, clearly support the hypothesis. This finding suggests that policies which promote trade and technological innovation may help to decrease the importance of the asymmetric components of the business cycle within European countries.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Rovelli, Riccardo
Paci, Raffaele
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ISSN
2282-6483
DOI
Deposit date
30 Mar 2016 08:15
Last modified
30 Mar 2016 08:15
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