Building a Monthly Chronology of Recessions for the State of Espírito Santo

Detalhes bibliográficos
Autor(a) principal: Gomes, Fábio Augusto Reis
Data de Publicação: 2015
Outros Autores: Magalhães, Matheus Albergaria de
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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spelling 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
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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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