Fractional integration and business cycle features
نویسندگان
چکیده
منابع مشابه
Relationship between Economic Integration and Business
One of the basic 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 b...
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ژورنال
عنوان ژورنال: Empirical Economics
سال: 2004
ISSN: 0377-7332,1435-8921
DOI: 10.1007/s00181-003-0171-7