Metrics capturing the degree to which individual economies are globalized: presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004
We discuss metrics of globalization for individual economies as distance measures between fully integrated and trade restricted equilibria in economies initially operating under less than full integration with the global economy. Such metrics can be used to construct country globalization metrics re...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Munich
CES
2005
Munich Ifo |
| Schriftenreihe: | CESifo working papers
No. 1450 : Category 7, Trade policy |
| Zusammenfassung: | We discuss metrics of globalization for individual economies as distance measures between fully integrated and trade restricted equilibria in economies initially operating under less than full integration with the global economy. Such metrics can be used to construct country globalization metrics reflecting the distance of economies from full global integration due to trade barriers, barriers to factor flows, barriers to international financial intermediation, solved technological diffusion and other economy specific features yielding less than full integration into the global economy. Many distance metrics present themselves and none are wholly satisfactory since they each behave differently across various displacements from integration. Distance measures can, for instance, be small in goods space but large in price space. We present alternative measures constructed for eight OECD economies and comment in a concluding section on other measures used elsewhere in the literature such as trade / GDP ratios. |
| Beschreibung: | Auch im Internet unter den Adressen www.SSRN.com und www.CESifo.de verfügbar |
| Beschreibung: | 33 S. graph. Darst. 21 cm |
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| indexdate | 2024-07-09T20:10:41Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-013329439 |
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| physical | 33 S. graph. Darst. 21 cm |
| publishDate | 2005 |
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| spelling | Riezman, Raymond Glenn 1947- Verfasser (DE-588)120255200 aut Metrics capturing the degree to which individual economies are globalized presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 Raymond Riezman ; John Whalley ; Shunming Zhang. Center for Economic Studies & Ifo Institute for Economic Research Munich CES 2005 Munich Ifo 33 S. graph. Darst. 21 cm txt rdacontent n rdamedia nc rdacarrier CESifo working papers No. 1450 : Category 7, Trade policy Auch im Internet unter den Adressen www.SSRN.com und www.CESifo.de verfügbar We discuss metrics of globalization for individual economies as distance measures between fully integrated and trade restricted equilibria in economies initially operating under less than full integration with the global economy. Such metrics can be used to construct country globalization metrics reflecting the distance of economies from full global integration due to trade barriers, barriers to factor flows, barriers to international financial intermediation, solved technological diffusion and other economy specific features yielding less than full integration into the global economy. Many distance metrics present themselves and none are wholly satisfactory since they each behave differently across various displacements from integration. Distance measures can, for instance, be small in goods space but large in price space. We present alternative measures constructed for eight OECD economies and comment in a concluding section on other measures used elsewhere in the literature such as trade / GDP ratios. Whalley, John 1947- Verfasser (DE-588)128956879 aut Zhang, Shunming 1966- Verfasser (DE-588)129488089 aut CESifo working papers No. 1450 : Category 7, Trade policy (DE-604)BV013978326 1450 |
| spellingShingle | Riezman, Raymond Glenn 1947- Whalley, John 1947- Zhang, Shunming 1966- Metrics capturing the degree to which individual economies are globalized presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 CESifo working papers |
| title | Metrics capturing the degree to which individual economies are globalized presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 |
| title_auth | Metrics capturing the degree to which individual economies are globalized presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 |
| title_exact_search | Metrics capturing the degree to which individual economies are globalized presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 |
| title_full | Metrics capturing the degree to which individual economies are globalized presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 Raymond Riezman ; John Whalley ; Shunming Zhang. Center for Economic Studies & Ifo Institute for Economic Research |
| title_fullStr | Metrics capturing the degree to which individual economies are globalized presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 Raymond Riezman ; John Whalley ; Shunming Zhang. Center for Economic Studies & Ifo Institute for Economic Research |
| title_full_unstemmed | Metrics capturing the degree to which individual economies are globalized presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 Raymond Riezman ; John Whalley ; Shunming Zhang. Center for Economic Studies & Ifo Institute for Economic Research |
| title_short | Metrics capturing the degree to which individual economies are globalized |
| title_sort | metrics capturing the degree to which individual economies are globalized presented at venice summer institute workshop on dissecting globalization july 2004 |
| title_sub | presented at Venice Summer Institute, Workshop on "Dissecting Globalization", July 2004 |
| volume_link | (DE-604)BV013978326 |
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