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This article features a set of indicators designed to measure international economic integration and globalization. We analyze the degree of openness and the respective networks of connections---both direct and indirect---for each economy in our sample. Our indicators are based on network...
Persistent link: https://www.econbiz.de/10005026632
How has the process of international economic integration advanced over the last four decades? How will the foreseeable future look like? We attempt to answer this sort of questions by considering some methods which have scarcely been used in the literature on globalization. First, we consider a...
Persistent link: https://www.econbiz.de/10005026637
The aim of this article is to develop new international financial integration indicators together with their determinants: financial openness and regularity (balance) of the bilateral financial flows. The study's contribution is based on the definition of the Standard of Perfect Financial...
Persistent link: https://www.econbiz.de/10005027123
Over the last two decades, the degree of international financial integration has increased substantially, becoming an important area of research for many financial economists. This paper explores the determinants of the asymmetries in the international integration of banking systems. We consider...
Persistent link: https://www.econbiz.de/10008472244
One of the most remarkable features of globalization is the boost undergone by international trade triggered off by advances in technology that have contributed to reduce the cost of trade (e.g., transportation and communication costs). Under these circumstances, the importance of distance...
Persistent link: https://www.econbiz.de/10008559021
Action-Set games are transferable utility games where the set of players is finite, every player has a finite set of actions, and the worth of the game is a function of the actions taken by the players. In this setting a rule has to determine individual payoffs at each combinations of actions....
Persistent link: https://www.econbiz.de/10005623235