The DOI matches its Crossref record; 30 of the 30 references it cites were found in a registry or an index.
Trade and business cycle synchronization in OECD countries—A re-examination
Open accessAbstract
This paper re-examines the relationship between trade intensity and business cycle synchronization for 21 OECD countries during 1970-2003. Instead of using instrumental variables, we estimate a multivariate model including variables capturing specialisation, financial integration, and similarity of economic policies. We confirm that trade intensity affects business cycle synchronization, but the effect is much smaller than previously reported. Other factors in our model have a similar impact on business cycle synchronization as trade intensity. Finally, we find that the effect of trade on business cycle synchronisation is not driven by outliers and does not suffer from parameter heterogeneity.
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Cites
Specification Tests in Econometrics
Hausman, J. A. (1978) · Econometrica · doi:10.2307/1913827 · Cited by 18,820
Koenker, R., & Bassett, G. (1978) · Econometrica · doi:10.2307/1913643 · Cited by 13,316
Geography and TradePreprint
Krugman, P. (1991) · RePEc: Research Papers in Economics · Cited by 6,123
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Koenker, R., & Hallock, K. F. (2001) · Journal of Economic Perspectives · doi:10.1257/jep.15.4.143 · Cited by 4,413
Least Median of Squares Regression
Rousseeuw, P. J. (1984) · Journal of the American Statistical Association · doi:10.1080/01621459.1984.10477105 · Cited by 3,835
Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series
Baxter, M., & King, R. G. (1999) · Review of Economics and Statistics · doi:10.1162/003465399558454 · Cited by 2,827
The Endogenity of the Optimum Currency Area Criteria
Frankel, J. A., & Rose, A. K. (1998) · The Economic Journal · doi:10.1111/1468-0297.00327 · Cited by 2,540
I Just Ran Two Million Regressions
Sala-i-Martín, X. (1997) · American Economic Review · Cited by 2,321
Let's Take the Con out of Econometrics
Leamer, E. E. (2026) · Journal of Business Cycle Research · doi:10.1007/s41549-026-00137-2 · Cited by 2,202
Metadata
- Authors
- Inklaar, R., Jong-A-Pin, R., & de Haan, J.
- Venue
- European Economic Review
- Publisher
- Elsevier BV
- Published
- 2008-05
- Volume
- 52
- Issue
- 4
- Pages
- 646-666
- ISSN
- 0014-2921 (ISSN-L)
- OpenAlex
- W1994775904
- Cited by
- 314
- References
- 30
- FWCI
- 24.21
- Type
- journal article
- Language
- en
- Open access
- bronze
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- Inklaar, R., Jong-A-Pin, R., & de Haan, J. (2008). Trade and business cycle synchronization in OECD countries—A re-examination. European Economic Review. https://doi.org/10.1016/j.euroecorev.2007.05.003
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