A Tale of Two Cycles: Co-Fluctuations between UK Regions and the Euro Zone.
A study was conducted to investigate the patterns and determinants of business cycle correlations among 11 British regions and six euro-zone nations over the 1966–97 period, employing the generalized method of moments to allow for sampling error in comparing estimated correlations. Findings reveale...
| Publicado en: | Manchester School (14636786) Vol. 71; no. 3; pp. 265 - 293 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Wiley-Blackwell
June 2003
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=513140099&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 513140099 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 14636786 MSE jtl: Manchester School (14636786) issn: 14636786 maglogo: N pubinfo: dt: June 2003 vid: 71 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 513140099 10.1111/1467-9957.00346 ppf: 265 ppct: 28 formats: tig: atl: A Tale of Two Cycles: Co-Fluctuations between UK Regions and the Euro Zone. aug: au: Barrios, Salvador Brülhart, Marius Elliott, Robert J. R. su: Moments method (Statistics) Mathematical models of business cycles Monetary unions sug: subj: Moments method (Statistics) Mathematical models of business cycles Monetary unions keyword: European Union -- Great Britain ab: A study was conducted to investigate the patterns and determinants of business cycle correlations among 11 British regions and six euro-zone nations over the 1966–97 period, employing the generalized method of moments to allow for sampling error in comparing estimated correlations. Findings revealed that the British business cycle was persistently out of phase with that of the chief euro-zone economies, with the trend being toward lower correlations; only minor cyclical heterogeneity was detected among U.K. regions, meanwhile, and differences in sectoral specialization fueled some of the asymmetry in GDP fluctuations but did not seem significant in accounting for the reduction in U.K.-European Union business cycle correlations over time. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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