Building a Monthly Chronology of Recessions for the State of Espírito Santo
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Data de Publicação: | 2015 |
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Tipo de documento: | Artigo |
Idioma: | eng por |
Título da fonte: | BBR. Brazilian Business Review (English edition. Online) |
Texto Completo: | http://www.bbronline.com.br/index.php/bbr/article/view/112 |
Resumo: | The state of Espírito Santo has short-term fluctuations in its activity level ("business cycles") that are on average twice more volatile than fluctuations occurring in Brazil. In addition, there are differences in terms of duration between cycles occurring in the state and country. Because of this, the objective of this work is to build a monthly chronology of recessions for the Espírito Santo over the period between January 1991 and March 2012. In terms of means durations it was found that over the period analyzed the Espírito Santo went through a larger number of recessions than Brazil. On the other hand, in terms of median durations, it was noted that recessions tend to last less in the state than in the country, despite its greater relative volatility. Together, these results provide the first empirical characterization of the recessions that occurred in the state in the last 20 years as well as a comparison with the national context. |
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BBR. Brazilian Business Review (English edition. Online) |
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Building a Monthly Chronology of Recessions for the State of Espírito SantoConstruindo uma Cronologia Mensal de Recessões para o estado do Espírito SantoBusiness cyclesRecessionsEspírito SantoCiclos de negóciosRecessõesEspírito SantoThe state of Espírito Santo has short-term fluctuations in its activity level ("business cycles") that are on average twice more volatile than fluctuations occurring in Brazil. In addition, there are differences in terms of duration between cycles occurring in the state and country. Because of this, the objective of this work is to build a monthly chronology of recessions for the Espírito Santo over the period between January 1991 and March 2012. In terms of means durations it was found that over the period analyzed the Espírito Santo went through a larger number of recessions than Brazil. On the other hand, in terms of median durations, it was noted that recessions tend to last less in the state than in the country, despite its greater relative volatility. Together, these results provide the first empirical characterization of the recessions that occurred in the state in the last 20 years as well as a comparison with the national context.O estado do Espírito Santo apresenta flutuações de curto prazo em seu nível de atividade (“ciclos de negócios”) que são, em média, duas vezes mais voláteis que flutuações ocorridas no Brasil. Adicionalmente, há diferenças, em termos de duração, entre os ciclos ocorridos no estado e país. Por conta disso, o objetivo do presente trabalho é construir uma cronologia mensal de recessões para o Espírito Santo ao longo do período compreendido entre janeiro de 1991 e março de 2012. Em termos de durações médias, verificou-se que, ao longo do período analisado, o Espírito Santo passou por um maior número de recessões que o Brasil. Por outro lado, em termos de durações medianas, notou-se que as recessões tendem a perdurar menos no Estado que no país, apesar de sua maior volatilidade relativa. Em conjunto, esses resultados fornecem uma primeira caracterização empírica dos períodos recessivos ocorridos no estado nos últimos 20 anos, assim como uma comparação em relação ao contexto nacional.FUCAPE Business Shool2015-03-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed ArticleArtigo revisado pelos paresapplication/pdfapplication/pdfhttp://www.bbronline.com.br/index.php/bbr/article/view/11210.15728/bbr.2015.12.2.2Brazilian Business Review; Vol. 12 No. 2 (2015): March to April 2015; 25-45Brazilian Business Review; v. 12 n. 2 (2015): Março a Abril de 2015; 25-451808-23861807-734Xreponame:BBR. Brazilian Business Review (English edition. Online)instname:Fucape Business School (FBS)instacron:FBSengporhttp://www.bbronline.com.br/index.php/bbr/article/view/112/162http://www.bbronline.com.br/index.php/bbr/article/view/112/163Gomes, Fábio Augusto ReisMagalhães, Matheus Albergaria deinfo:eu-repo/semantics/openAccess2018-10-31T19:07:59Zoai:ojs.pkp.sfu.ca:article/112Revistahttps://www.bbronline.com.br/index.php/bbr/indexONGhttp://www.bbronline.com.br/index.php/bbr/oai|| bbronline@bbronline.com.br1808-23861808-2386opendoar:2018-10-31T19:07:59BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS)false |
dc.title.none.fl_str_mv |
Building a Monthly Chronology of Recessions for the State of Espírito Santo Construindo uma Cronologia Mensal de Recessões para o estado do Espírito Santo |
title |
Building a Monthly Chronology of Recessions for the State of Espírito Santo |
spellingShingle |
Building a Monthly Chronology of Recessions for the State of Espírito Santo Gomes, Fábio Augusto Reis Business cycles Recessions Espírito Santo Ciclos de negócios Recessões Espírito Santo |
title_short |
Building a Monthly Chronology of Recessions for the State of Espírito Santo |
title_full |
Building a Monthly Chronology of Recessions for the State of Espírito Santo |
title_fullStr |
Building a Monthly Chronology of Recessions for the State of Espírito Santo |
title_full_unstemmed |
Building a Monthly Chronology of Recessions for the State of Espírito Santo |
title_sort |
Building a Monthly Chronology of Recessions for the State of Espírito Santo |
author |
Gomes, Fábio Augusto Reis |
author_facet |
Gomes, Fábio Augusto Reis Magalhães, Matheus Albergaria de |
author_role |
author |
author2 |
Magalhães, Matheus Albergaria de |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Gomes, Fábio Augusto Reis Magalhães, Matheus Albergaria de |
dc.subject.por.fl_str_mv |
Business cycles Recessions Espírito Santo Ciclos de negócios Recessões Espírito Santo |
topic |
Business cycles Recessions Espírito Santo Ciclos de negócios Recessões Espírito Santo |
description |
The state of Espírito Santo has short-term fluctuations in its activity level ("business cycles") that are on average twice more volatile than fluctuations occurring in Brazil. In addition, there are differences in terms of duration between cycles occurring in the state and country. Because of this, the objective of this work is to build a monthly chronology of recessions for the Espírito Santo over the period between January 1991 and March 2012. In terms of means durations it was found that over the period analyzed the Espírito Santo went through a larger number of recessions than Brazil. On the other hand, in terms of median durations, it was noted that recessions tend to last less in the state than in the country, despite its greater relative volatility. Together, these results provide the first empirical characterization of the recessions that occurred in the state in the last 20 years as well as a comparison with the national context. |
publishDate |
2015 |
dc.date.none.fl_str_mv |
2015-03-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article Artigo revisado pelos pares |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://www.bbronline.com.br/index.php/bbr/article/view/112 10.15728/bbr.2015.12.2.2 |
url |
http://www.bbronline.com.br/index.php/bbr/article/view/112 |
identifier_str_mv |
10.15728/bbr.2015.12.2.2 |
dc.language.iso.fl_str_mv |
eng por |
language |
eng por |
dc.relation.none.fl_str_mv |
http://www.bbronline.com.br/index.php/bbr/article/view/112/162 http://www.bbronline.com.br/index.php/bbr/article/view/112/163 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/pdf |
dc.publisher.none.fl_str_mv |
FUCAPE Business Shool |
publisher.none.fl_str_mv |
FUCAPE Business Shool |
dc.source.none.fl_str_mv |
Brazilian Business Review; Vol. 12 No. 2 (2015): March to April 2015; 25-45 Brazilian Business Review; v. 12 n. 2 (2015): Março a Abril de 2015; 25-45 1808-2386 1807-734X reponame:BBR. Brazilian Business Review (English edition. Online) instname:Fucape Business School (FBS) instacron:FBS |
instname_str |
Fucape Business School (FBS) |
instacron_str |
FBS |
institution |
FBS |
reponame_str |
BBR. Brazilian Business Review (English edition. Online) |
collection |
BBR. Brazilian Business Review (English edition. Online) |
repository.name.fl_str_mv |
BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS) |
repository.mail.fl_str_mv |
|| bbronline@bbronline.com.br |
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1754732237031473152 |