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dc.contributor.author
Matesanz Gómez, David  
dc.contributor.author
Torgler, Benno  
dc.contributor.author
Ortega, Guillermo José  
dc.date.available
2017-11-22T17:16:08Z  
dc.date.issued
2013-07  
dc.identifier.citation
Matesanz Gómez, David; Torgler, Benno; Ortega, Guillermo José; Measuring global economic interdependence: a hierarchical network approach; Wiley; The World Economy; 36; 12; 7-2013; 1632-1648  
dc.identifier.uri
http://hdl.handle.net/11336/28749  
dc.description.abstract
This paper investigates the business cycle co-movement across countries and regions since 1950 as a measure for quantifying the economic interdependence in the ongoing globalisation process. Our methodological approach is based on analysis of a correlation matrix and the networks it contains. Such an approach summarises the interaction and interdependence of all elements, and it represents a more accurate measure of the global interdependence involved in an economic system. Our results show (1) the dynamics of interdependence has been driven more by synchronisation in regional growth patterns than by the synchronisation of the world economy, and (2) world crisis periods dramatically increase the global co-movement in the world economy.  
dc.format
application/pdf  
dc.language.iso
eng  
dc.publisher
Wiley  
dc.rights
info:eu-repo/semantics/openAccess  
dc.rights.uri
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/  
dc.subject
Econophysics  
dc.subject
Complex Networks  
dc.subject
Globalization  
dc.subject.classification
Economía, Econometría  
dc.subject.classification
Economía y Negocios  
dc.subject.classification
CIENCIAS SOCIALES  
dc.title
Measuring global economic interdependence: a hierarchical network approach  
dc.type
info:eu-repo/semantics/article  
dc.type
info:ar-repo/semantics/artículo  
dc.type
info:eu-repo/semantics/publishedVersion  
dc.date.updated
2017-11-22T13:40:38Z  
dc.identifier.eissn
1467-9701  
dc.journal.volume
36  
dc.journal.number
12  
dc.journal.pagination
1632-1648  
dc.journal.pais
Estados Unidos  
dc.description.fil
Fil: Matesanz Gómez, David. Universidad de Oviedo; España  
dc.description.fil
Fil: Torgler, Benno. Queensland University Of Technology.; Australia. Center for Research in Economics, Management and the Arts; Suiza  
dc.description.fil
Fil: Ortega, Guillermo José. Universidad Nacional de Quilmes. Departamento de Ciencia y Tecnología; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina  
dc.journal.title
The World Economy  
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/doi/http://dx.doi.org/10.1111/twec.12080  
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/http://onlinelibrary.wiley.com/doi/10.1111/twec.12080/abstract