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dc.contributor.authorRiezman, Raymonden_US
dc.contributor.authorWhalley, Johnen_US
dc.contributor.authorZhang, Shunmingen_US
dc.date.accessioned2009-01-28T15:53:04Z-
dc.date.available2009-01-28T15:53:04Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/18814-
dc.description.abstractWe 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.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1450en_US
dc.subject.jelF00en_US
dc.subject.jelF15en_US
dc.subject.jelF11en_US
dc.subject.ddc330en_US
dc.subject.stwPolitik der offenen Türen_US
dc.subject.stwFreihandelen_US
dc.subject.stwAussenhandelsliberalisierungen_US
dc.subject.stwGlobalisierungen_US
dc.subject.stwWirtschaftsindikatoren_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwSchätzungen_US
dc.subject.stwOECD-Staatenen_US
dc.titleMetrics capturing the degree to which individual economies are globalizeden_US
dc.typeWorking Paperen_US
dc.identifier.ppn485186071en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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