Effect of Trade Structure Similarity on Business Cycle Synchronization, M.Sc. Thesis Sharif University of Technology ; Barakchian, Mahdi (Supervisor) ; Madanizadeh, Ali (Supervisor)
Abstract
The determinants of business cycles and how to deal with them are amongst the most important issues in macroeconomics. Using the annual data between 1980 to 2012, available for six oil producing members of Gulf cooperation council, we draw a connection between trade structure and business cycle synchronization. In fact, we try to answer whether the same trade structure in these countries with very similar characteristics has led to synchronized booms and recessions among them. Assuming cross correlation, different estimation methods, including common correlated effects, confirm the positive significant effect of trades tructure on business...
Cataloging briefEffect of Trade Structure Similarity on Business Cycle Synchronization, M.Sc. Thesis Sharif University of Technology ; Barakchian, Mahdi (Supervisor) ; Madanizadeh, Ali (Supervisor)
Abstract
The determinants of business cycles and how to deal with them are amongst the most important issues in macroeconomics. Using the annual data between 1980 to 2012, available for six oil producing members of Gulf cooperation council, we draw a connection between trade structure and business cycle synchronization. In fact, we try to answer whether the same trade structure in these countries with very similar characteristics has led to synchronized booms and recessions among them. Assuming cross correlation, different estimation methods, including common correlated effects, confirm the positive significant effect of trades tructure on business...
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