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- Title
CONVERGENCIA Y AMPLITUD DEL CICLO ECONÓMICO: PROPUESTA DE ANÁLISIS Y EVLDENCIA INTERNACIONAL.
- Authors
Cendejas Bueno, José Luis; de Lucas Santos, Sonia; Delgado Rodríguez, María Jesús; Alvarez Ayuso, Inmaculada
- Abstract
This paper presents a proposal to empirically analyze the relationship between the cyclical amplitude and real convergence in countries that share a common cycle. Our proposal is based on the estimation of regression models in order to explore the influence of the business cycle in the path of convergence of each of the economies analyzed. To do this, we use the information on the cyclical stability as a determining variable of convergence that will allow to extract conclusions about the relationship studied. The proposal is applied to a sample of developed countries for which there is previous evidence about his participation in the international business cycle during the period 1950-2006.
- Subjects
ECONOMIC convergence; BUSINESS cycles; EMPIRICAL research; REGRESSION analysis; ESTIMATION theory; INTERNATIONAL business enterprises; ECONOMIC conditions of developed countries
- Publication
Revista de Economía Mundial, 2013, Issue 34, p97
- ISSN
1576-0162
- Publication type
Article