المستودع الأكاديمي جامعة المدينة

Short-run and long-run comovement of GDP and some expenditure aggregates in Germany, France and Italy

أعرض تسجيلة المادة بشكل مبسط

dc.creator Knetsch, Thomas A.
dc.date 2005
dc.date.accessioned 2013-10-16T07:05:58Z
dc.date.available 2013-10-16T07:05:58Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19624
dc.identifier ppn:504774891
dc.identifier RePEc:zbw:bubdp1:4233
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19624
dc.description The paper presents empirical work on short-run and long-run comovement between the German, French and Italian aggregates of private consumption, business investment, exports, imports, GDP, and changes in inventories. In country-specific data sets, cointegration analyses are carried out both to identify long-run economic relationships and to remove the trend components from the nonstationary series. Analytically, this is done by reparametrizing the vector error correction model in its common trends representation. The resulting (Beveridge-Nelson) trend and cycle components as well as the series of changes in inventories are analyzed with a focus on synchronicity. To measure crosscountry comovement at different frequencies, "cohesion", a summary statistic developed by Croux et al. [2001], is applied. Sampling variability and parameter uncertainty are captured by bootstrapped confidence intervals.
dc.language eng
dc.relation Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2005,39
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E32
dc.subject C32
dc.subject ddc:330
dc.subject cointegration
dc.subject trend-cycle decomposition
dc.subject cohesion
dc.subject bootstrap
dc.subject Konjunkturzusammenhang
dc.subject Sozialprodukt
dc.subject Gesamtwirtschaftliche Nachfrage
dc.subject Kointegration
dc.subject Schätzung
dc.subject Deutschland
dc.subject Frankreich
dc.subject Italien
dc.title Short-run and long-run comovement of GDP and some expenditure aggregates in Germany, France and Italy
dc.type doc-type:workingPaper


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط