dc.contributorEscolas::EPGE
dc.contributorFGV
dc.creatorAraújo Júnior, Eurilton Alves
dc.date.accessioned2014-11-17T13:45:59Z
dc.date.accessioned2019-05-22T14:06:13Z
dc.date.available2014-11-17T13:45:59Z
dc.date.available2019-05-22T14:06:13Z
dc.date.created2014-11-17T13:45:59Z
dc.date.issued2001-09-20
dc.identifierhttp://hdl.handle.net/10438/12457
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/2690158
dc.description.abstractThis paper studies the role of Vertical Specialization-based trade and foreign damand push as elements capable of explaining export-led recoveries in small open industrialized economies. The empirical evidence on export-led recoveries is reviewed. Data supporting the growing importance of vertical specialization for international trade are presented. I compare the performance of two versions of a small open economy model, calibrated to mimic Canadian Business Cycles. The …rst one is based upon Schmitt-Grohe(1998). The second incorporates Vertical- Specialization-based trade. I show that an arti…cial economy featuring Vertical-Specializationbased trade in conjunction with an exogenous AR(2) process for foreign output displays improved impulse responses to a foreign output shock and is able to mimic the contribution of Canadian exports to output growth during economic recoveries.
dc.languageeng
dc.publisherEscola de Pós-Graduação em Economia da FGV
dc.relationSeminários de pesquisa econômica da EPGE
dc.rightsTodo cuidado foi dispensado para respeitar os direitos autorais deste trabalho. Entretanto, caso esta obra aqui depositada seja protegida por direitos autorais externos a esta instituição, contamos com a compreensão do autor e solicitamos que o mesmo faça contato através do Fale Conosco para que possamos tomar as providências cabíveis
dc.titleExport-led recoveries in small open industrialized economies
dc.typeDocumentos de trabajo


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