THE EFFECTS OF ECONOMIC INTEGRATION THROUGH INTERNATIONAL TRADE ON BUSINESS CYCLES (THE CASE OF ECO’S MEMBERS)

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SAADI MOHAMMADREZA

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: ECONOMIC RESEARCH REVIEW Year:2011 | Volume:11 | Issue:1 (40) Page(s): 49-70

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Information Journal Paper

Title

THE EFFECTS OF ECONOMIC INTEGRATION THROUGH INTERNATIONAL TRADE ON BUSINESS CYCLES (THE CASE OF ECO’S MEMBERS)

Author(s)

SAADI MOHAMMADREZA | Issue Writer Certificate

Keywords

ECONOMIC INTEGRATIONQ2

GRAVITY MODELQ2

BUSINESS CYCLESQ2

BUSINESS CYCLES SIMILARITYQ3

LEAMER APPROACHQ2

Abstract

The ECONOMIC INTEGRATION is the most important phenomenon. Increasing of International trade is one of the most famous channels of ECONOMIC INTEGRATION. It is said that if this integration takes place, members may have a similar BUSINESS CYCLES. In market oriented countries, the subject of BUSINESS CYCLES has been attracted more attentions. The uprising trend of living standards followed by high unemployement, slower growth rate and then decreasing in living standards. However, with regard to the importance of the subject, we investigate, the similarity of BUSINESS CYCLES among Iran, Turkey and Pakistan’s economies. Using LEAMER APPROACH and GRAVITY MODEL framework, our results show that there is a weak similarity among these countries.

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