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Category Archives: Intermediate goods trade
Comovement in business cycles and trade inintermediate goods
by Madhavi Pundit NIPFP WP n0. 2013-116, January 2013 Positive correlation between intermediate goods trade and business cycle comovement raises the question of causality. Existing theories propose the direction from trade to comovement, but don’t explain positive correlation of trade … Continue reading
Posted in Business Cycles, Intermediate goods trade
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