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  • © 2015

Economic Cycles in Emerging and Advanced Countries

Synchronization, International Spillovers and the Decoupling Hypothesis

Authors:

  • Applies a new approach for the empirical study of the decoupling hypothesis
  • Presents new empirical evidence to explain the economic relationship between emerging and advanced countries
  • Explains and illustrates how to use the time-varying panel VAR model with factorized coefficients
  • Includes supplementary material: sn.pub/extras

Part of the book series: Contributions to Economics (CE)

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Table of contents (5 chapters)

  1. Front Matter

    Pages i-xviii
  2. Introduction

    • Antonio Pesce
    Pages 1-7
  3. Is Decoupling in Action?

    • Antonio Pesce
    Pages 51-111
  4. Conclusions

    • Antonio Pesce
    Pages 171-173

About this book

​This book contributes to the debate on the decoupling of emerging economies from the advanced economies with a new, empirical investigation approach. Taking counterfactual experiments performed using a time-varying panel VAR model, the author argues that over the last thirty years, emerging economies have become less vulnerable to shocks spreading from advanced economies. This resilience to external shocks has changed in a non-progressive manner over time, with phases of greater resilience followed by others of lower resilience and vice versa. This research outlines its wave-like path and presents new results that contribute to the discussion.

Authors and Affiliations

  • Milan, Italy

    Antonio Pesce

Bibliographic Information

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access