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                                       Details van artikel 3 van 8 gevonden artikelen
 
 
  Core and Periphery in the World Economy: An Empirical Assessment of the Integration of the Developing Countries Into the World Economy
 
 
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
 
 

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