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

Paci, Raffaele ; Rovelli, Riccardo (1997) Do trade and technology reduce asymmetries? Evidence from manufacturing industries in the EU. DOI 10.6092/unibo/amsacta/745.
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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
Tipologia del documento
Monografia (Working paper)
Autori
AutoreAffiliazioneORCID
Paci, Raffaele
Rovelli, Riccardo
Settori scientifico-disciplinari
DOI
Data di deposito
17 Giu 2004
Ultima modifica
17 Feb 2016 14:03
URI

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