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Business Cycle Synchronization And Production Fragmentation In East Asia

In: Global Linkages and Economic Rebalancing in East Asia

Author

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  • Fumihide Takeuchi

    (Institute of General Education, Japan Advanced Institute of Science and Technology, 1-1, Asahidai, Nomi, Ishikawa, 923-1292, Japan)

Abstract

The following sections are included:IntroductionRelated LiteratureThe Correlation of Business Cycles and FragmentationBusiness cycle synchronization in East Asia and in major advanced countriesFragmentation of production in East Asia and Japan/the United StatesChanges in the economic environment after the Asian financial crisisStructural FAVARModelData and model selectionEmpirical resultsVariance decompositionExamination of the factorsConclusionReferences

Suggested Citation

  • Fumihide Takeuchi, 2013. "Business Cycle Synchronization And Production Fragmentation In East Asia," World Scientific Book Chapters, in: Takuji Kinkyo & Yoichi Matsubayashi & Shigeyuki Hamori (ed.), Global Linkages and Economic Rebalancing in East Asia, chapter 2, pages 19-42, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814412858_0002
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