Trade, finance, specialization and synchronization in the Asia-Pacific

• Main Authors: Chia, Wai-Mun, Xie, Shihan, Cheng, Tianyin
• Other Authors: School of Humanities and Social Sciences
• Format: Article
• Language: English
• Published: 2013
• Online Access: https://hdl.handle.net/10356/107329; http://hdl.handle.net/10220/17494; http://dx.doi.org/10.1080/13547860.2013.778160
• Institution: Nanyang Technological University

In this paper, we examine the relationship between trade, finance, specialization and output synchronization of 12 Asia-Pacific economies by studying the direct and indirect effects of increasing trade and financial integration on output synchronization. Using cross-sectional data for the periods of...