Rana, Pradumna Bickram; Cheng, Tianyin; Chia, Wai-Mun - In: Journal of Asian Economics 23 (2012) 6, pp. 701-706
business cycles in East Asia and Europe (EU-15). It extends the work of Shin and Wang (2004, 2005) by providing a comparative … perspective between East Asia and Europe. The paper finds that intra-industry trade, rather than inter-industry trade, is the … relationship between trade intensity and output co-movement is stronger in East Asia than in Europe. The major policy implication …