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Details van artikel 26 van 159 gevonden artikelen
| Titel: |
Core and Periphery in the World Economy: An Empirical Assessment of the Integration of the Developing Countries Into the World Economy |
| Auteur: |
Julius, Horvath Richard, Grabowski |
| Verschenen in: |
International economic journal |
| Paginering: | Jaargang 13 (1999) nr. 4 pagina's 35-51 |
| Jaar: |
1999 |
| Inhoud: |
In this paper a dynamic structural vector-autoregressive model is utilized to Analyze the impact of shocks from the developed center (G-7) on the less developed periphery. Three possibilities emerge with less developed nations being negatively dependent on the center, positively integrated with the center, or independent of the center. A less developed country is classified as negatively dependent when shocks from the center have a negative impact and are relatively important in explaining variations in the output of the developing country. A less developed country is positively integrated if the shocks from the center have positive effects and explain a large share of the variation in output in the developing country. The results indicate that from the sample of eighty-six developed countries only five could be considered dependent, while the others are roughly equally divided into those positively integrated and those that are independent. [F02, F43, 050] |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 26 van 159 gevonden artikelen
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