Sectoral business cycle synchronization in the European Union

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2007
Outros Autores: Furceri, Davide
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/2567
Resumo: This paper analyses sectoral business cycle synchronization in an enlarged European Union using annual data for the period 1980-2005. In particular, we try to identify which sector for each country is driving the aggregate output business cycle synchronization. Overall, the sectors that provide the most relevant contribution are Industry, Building and Construction, and Agriculture, Fishery and Forestry. In contrast, the Services sector, the largest one in terms of valued added share, shows a relative low business cycle synchronization and volatility, implying that it contributes only marginally to the aggregate output business cycle synchronization.
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spelling Sectoral business cycle synchronization in the European UnionEMU EnlargementStabilisationSynchronizationSectoral Business CycleThis paper analyses sectoral business cycle synchronization in an enlarged European Union using annual data for the period 1980-2005. In particular, we try to identify which sector for each country is driving the aggregate output business cycle synchronization. Overall, the sectors that provide the most relevant contribution are Industry, Building and Construction, and Agriculture, Fishery and Forestry. In contrast, the Services sector, the largest one in terms of valued added share, shows a relative low business cycle synchronization and volatility, implying that it contributes only marginally to the aggregate output business cycle synchronization.ISEG – Departamento de EconomiaRepositório da Universidade de LisboaAfonso, AntónioFurceri, Davide2010-11-24T15:18:33Z2007-012007-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/2567engAfonso, António e Davide Furceri. 2007. "Sectoral business cycle synchronization in the European Union". Instituto Superior de Economia e Gestão - DE Working papers nº 2-2007/DE/UECE0874-4548info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:33:45Zoai:www.repository.utl.pt:10400.5/2567Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:50:33.553615Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Sectoral business cycle synchronization in the European Union
title Sectoral business cycle synchronization in the European Union
spellingShingle Sectoral business cycle synchronization in the European Union
Afonso, António
EMU Enlargement
Stabilisation
Synchronization
Sectoral Business Cycle
title_short Sectoral business cycle synchronization in the European Union
title_full Sectoral business cycle synchronization in the European Union
title_fullStr Sectoral business cycle synchronization in the European Union
title_full_unstemmed Sectoral business cycle synchronization in the European Union
title_sort Sectoral business cycle synchronization in the European Union
author Afonso, António
author_facet Afonso, António
Furceri, Davide
author_role author
author2 Furceri, Davide
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
Furceri, Davide
dc.subject.por.fl_str_mv EMU Enlargement
Stabilisation
Synchronization
Sectoral Business Cycle
topic EMU Enlargement
Stabilisation
Synchronization
Sectoral Business Cycle
description This paper analyses sectoral business cycle synchronization in an enlarged European Union using annual data for the period 1980-2005. In particular, we try to identify which sector for each country is driving the aggregate output business cycle synchronization. Overall, the sectors that provide the most relevant contribution are Industry, Building and Construction, and Agriculture, Fishery and Forestry. In contrast, the Services sector, the largest one in terms of valued added share, shows a relative low business cycle synchronization and volatility, implying that it contributes only marginally to the aggregate output business cycle synchronization.
publishDate 2007
dc.date.none.fl_str_mv 2007-01
2007-01-01T00:00:00Z
2010-11-24T15:18:33Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/2567
url http://hdl.handle.net/10400.5/2567
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António e Davide Furceri. 2007. "Sectoral business cycle synchronization in the European Union". Instituto Superior de Economia e Gestão - DE Working papers nº 2-2007/DE/UECE
0874-4548
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv ISEG – Departamento de Economia
publisher.none.fl_str_mv ISEG – Departamento de Economia
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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