Trade flows as a channel for the transmission of business cycles
DOI:
https://doi.org/10.13133/2037-3643/10576Keywords:
Business cycle, trade flows, cyclical interdependenceAbstract
The interdependence between business cycles of different countries has grown in recent decades. Many factors act as conductors of cyclical fluctuations between countries. In this context, the influence of trade flows in the global transmission of business cycles is examined. The author aims to identify empirically the line of causality of international cyclical movements as suggested by trade flows, presenting an estimate of the quantitive importance of trade flows as transmission channel.
JEL Codes: F02, F10, F44
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