Revisiting business cycle synchronisation in the European Union

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2010
Outros Autores: Sequeira, Ana
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/2859
Resumo: We assess the business cycle synchronization features of aggregate output in the 27 EU countries using annual data for the period 1970-2009. In particular, we compute measures of synchronisation for private consumption, government spending, gross fixed capital formation, exports and imports. Our results show a rise in synchronization over the full period, and although private consumption is the biggest component of GDP, external demand tends to be a more important determinant of business cycle synchronization.
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spelling Revisiting business cycle synchronisation in the European UnionBusiness Cycle SynchronizationEuropean UnionWe assess the business cycle synchronization features of aggregate output in the 27 EU countries using annual data for the period 1970-2009. In particular, we compute measures of synchronisation for private consumption, government spending, gross fixed capital formation, exports and imports. Our results show a rise in synchronization over the full period, and although private consumption is the biggest component of GDP, external demand tends to be a more important determinant of business cycle synchronization.FCTISEG - Departamento de EconomiaRepositório da Universidade de LisboaAfonso, AntónioSequeira, Ana2011-01-25T14:51:14Z20102010-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/2859engAfonso, António e Ana Sequeira. 2010 "Revisiting business cycle synchronisation in the European Union". Instituto Superior de Economia e Gestão. DE Working papers nº 22-2010/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:RCAAP2023-03-06T14:34:01Zoai:www.repository.utl.pt:10400.5/2859Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:50:49.875914Repositório 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 Revisiting business cycle synchronisation in the European Union
title Revisiting business cycle synchronisation in the European Union
spellingShingle Revisiting business cycle synchronisation in the European Union
Afonso, António
Business Cycle Synchronization
European Union
title_short Revisiting business cycle synchronisation in the European Union
title_full Revisiting business cycle synchronisation in the European Union
title_fullStr Revisiting business cycle synchronisation in the European Union
title_full_unstemmed Revisiting business cycle synchronisation in the European Union
title_sort Revisiting business cycle synchronisation in the European Union
author Afonso, António
author_facet Afonso, António
Sequeira, Ana
author_role author
author2 Sequeira, Ana
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
Sequeira, Ana
dc.subject.por.fl_str_mv Business Cycle Synchronization
European Union
topic Business Cycle Synchronization
European Union
description We assess the business cycle synchronization features of aggregate output in the 27 EU countries using annual data for the period 1970-2009. In particular, we compute measures of synchronisation for private consumption, government spending, gross fixed capital formation, exports and imports. Our results show a rise in synchronization over the full period, and although private consumption is the biggest component of GDP, external demand tends to be a more important determinant of business cycle synchronization.
publishDate 2010
dc.date.none.fl_str_mv 2010
2010-01-01T00:00:00Z
2011-01-25T14:51:14Z
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/10400.5/2859
url http://hdl.handle.net/10400.5/2859
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António e Ana Sequeira. 2010 "Revisiting business cycle synchronisation in the European Union". Instituto Superior de Economia e Gestão. DE Working papers nº 22-2010/DE/UECE
0874-4548
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eu_rights_str_mv openAccess
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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)
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