题目：亚洲经济一体化与经济周期同步

演讲人：龚驰 韩国首尔国立大学亚洲研究所

时间：2013年4月9日（周二）16:00—17:30

地点：邵逸夫科学馆513

摘要:

This paper examines the effects of internal (or regional) vs. external (inter-regional) integration and of trade vs. financial integration on regional business cycle synchronization in Asia. The empirical

results show the following: (1) similar and strong common external linkages have significant positive effects on regional business cycle synchronization; (2) after controlling for external linkages, internal

trade integration has a positive effect on regional business cycle synchronization but internal financial integration has a negative effect; and (3) the measures of external linkages, particularly

the measure of external financial linkages, are more important than those of internal linkages in explaining regional business cycle co-movements.