Business Cycles in South America and East Asia: An Introduction | Zendy

Alexandre B. Cunha | Zendy; Jorge Reis Sandes | Zendy; Luis Gustavo Cubas Vivanco | Zendy

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Business Cycles in South America and East Asia: An Introduction

Author(s) -

Alexandre B. Cunha,

Jorge Reis Sandes,

Luis Gustavo Cubas Vivanco

Publication year - 2005

Publication title -

brazilian business review

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.176

H-Index - 4

ISSN - 1808-2386

DOI - 10.15728/bbr.2005.2.2.6

Subject(s) - volatility (finance) , east asia , gross domestic product , business cycle , per capita , economics , persistence (discontinuity) , geography , demographic economics , china , econometrics , economic growth , demography , macroeconomics , population , geotechnical engineering , archaeology , engineering , sociology

We study the business cycle component of the per capita gross domestic product of ten South American and six East Asian countries during the period 1970-2000. Both sets of countries display an average volatility roughly equal to twice the U.S. one. Average persistence in each of these areas is similar to the U.S. The cyclical phases usually do not coincide temporally across countries.

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