Please use this identifier to cite or link to this item: https://ptsldigital.ukm.my/jspui/handle/123456789/774220
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dc.contributor.authorFarzad Karimi-
dc.contributor.authorHossein Pirasteh-
dc.contributor.authorSayed Komail Tayebi-
dc.contributor.editorAbdul Ghafar Ismail-
dc.contributor.editorAchmad Tohirin-
dc.contributor.editorMunrokhim Misanam-
dc.date.accessioned2024-05-31T06:50:06Z-
dc.date.available2024-05-31T06:50:06Z-
dc.identifier.isbn9789833198221en_US
dc.identifier.urihttps://ptsldigital.ukm.my/jspui/handle/123456789/774220-
dc.description.abstractOne of the Lasic tenets in recent international trade literature is about the effect of trade integration on business cycle synchronization (BCS) among trading countries. The objective of this paper is to explore the main determinants of business cycle synchronization, with emphasis on trade integration. To this end, we have specified two simultaneous regression equations which were estimated by weighted least squares method. The sample used data for the Organization of Islamic Countries for two consecutive periods; 1980-89 and 1990-2005. The empirical result showed that trade integration is significantly the major factor of business cycle synchronization in Islamic countries, particularly during 1990-2005 period. In addition, it was shown that similarities in both fiscal and monetary policies as well as economics structures have had considerable influence on their BCS.en_US
dc.language.isoenen_US
dc.subjectMonetary policiesen_US
dc.subjectInternational tradeen_US
dc.titleTrade integration and business cycle synchronization in OIC countriesen_US
dc.typeSeminar Papersen_US
dc.format.pages225-238en_US
dc.identifier.callnoBP173.75.I578 2008 semen_US
dc.contributor.conferencenameInternational Workshop: Exploring Islamic Economic Theory-
dc.coverage.conferencelocationYogyakarta, Indonesia-
dc.date.conferencedate2008-08-11-
Appears in Collections:Seminar Papers/ Proceedings / Kertas Kerja Seminar/ Prosiding

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