Assessing Systemic Trade Interconnectedness: An Empirical Approach
The paper focuses on systemically important jurisdictions in the global trade network, complementing recent IMF work on systemically important financial sectors. Using the IMF''s Direction of Trade Statistics (DOTS) database and network analysis, the paper develops a framework for ranking...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
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Schriftenreihe: | IMF Working Papers
Working Paper No. 11/214 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | The paper focuses on systemically important jurisdictions in the global trade network, complementing recent IMF work on systemically important financial sectors. Using the IMF''s Direction of Trade Statistics (DOTS) database and network analysis, the paper develops a framework for ranking jurisdictions based on trade size and trade interconnectedness indicators using data for 2000 and 2010. The results show a near perfect overlap between the top 25 systemically important trade and financial jurisdictions, suggesting that these ought to be the focus of risk-based surveillance on cross-border spillovers and contagion. In addition, a number of extensions to the approach are developed that can provide a better understanding of trade dynamics at the bilateral, regional, and global levels |
Beschreibung: | 1 Online-Ressource (24 p) |
ISBN: | 1463902964 9781463902964 |
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spelling | Massara, Alexander Verfasser aut Assessing Systemic Trade Interconnectedness An Empirical Approach Massara, Alexander Washington, D.C International Monetary Fund 2011 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/214 The paper focuses on systemically important jurisdictions in the global trade network, complementing recent IMF work on systemically important financial sectors. Using the IMF''s Direction of Trade Statistics (DOTS) database and network analysis, the paper develops a framework for ranking jurisdictions based on trade size and trade interconnectedness indicators using data for 2000 and 2010. The results show a near perfect overlap between the top 25 systemically important trade and financial jurisdictions, suggesting that these ought to be the focus of risk-based surveillance on cross-border spillovers and contagion. In addition, a number of extensions to the approach are developed that can provide a better understanding of trade dynamics at the bilateral, regional, and global levels Online-Ausg Errico, Luca Sonstige oth http://elibrary.imf.org/view/IMF001/12182-9781463902964/12182-9781463902964/12182-9781463902964.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Massara, Alexander Assessing Systemic Trade Interconnectedness An Empirical Approach |
title | Assessing Systemic Trade Interconnectedness An Empirical Approach |
title_auth | Assessing Systemic Trade Interconnectedness An Empirical Approach |
title_exact_search | Assessing Systemic Trade Interconnectedness An Empirical Approach |
title_exact_search_txtP | Assessing Systemic Trade Interconnectedness An Empirical Approach |
title_full | Assessing Systemic Trade Interconnectedness An Empirical Approach Massara, Alexander |
title_fullStr | Assessing Systemic Trade Interconnectedness An Empirical Approach Massara, Alexander |
title_full_unstemmed | Assessing Systemic Trade Interconnectedness An Empirical Approach Massara, Alexander |
title_short | Assessing Systemic Trade Interconnectedness |
title_sort | assessing systemic trade interconnectedness an empirical approach |
title_sub | An Empirical Approach |
url | http://elibrary.imf.org/view/IMF001/12182-9781463902964/12182-9781463902964/12182-9781463902964.xml |
work_keys_str_mv | AT massaraalexander assessingsystemictradeinterconnectednessanempiricalapproach AT erricoluca assessingsystemictradeinterconnectednessanempiricalapproach |