An examination of business cycle features in UK sectoral output
Abstract: This paper examines business cycle features of UK GDP sectors with regard to trends, cycles and growth. The empirical study adopts the Kalman filter to decompose these GDP sectors into trend and cycle components. The general model of this study encompasses a number of alternative specifications about trend growth, therefore accommodating diverse views on growth. There is reasonable support in the results for a mean-reverting stochastic growth model for the UK economy. The characteristics in trends and cycles of UK GDP sectors are discussed, focusing on their similarities and differences around business cycles
- Location
-
Deutsche Nationalbibliothek Frankfurt am Main
- Extent
-
Online-Ressource
- Language
-
Englisch
- Notes
-
Postprint
begutachtet (peer reviewed)
In: Applied Economics ; 42 (2009) 25 ; 3241-3252
- Classification
-
Wirtschaft
- Event
-
Veröffentlichung
- (where)
-
Mannheim
- (when)
-
2009
- Creator
-
Wang, Peijie
- DOI
-
10.1080/00036840802599818
- URN
-
urn:nbn:de:0168-ssoar-241972
- Rights
-
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
-
15.08.2025, 7:32 AM CEST
Data provider
This object is provided by:
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Associated
- Wang, Peijie
Time of origin
- 2009
Other Objects (12)
An examination of business cycle features in UK sectoral output
Dynamics of sectoral business cycle comovement
Sectoral output effects of monetary policy: Do sticky prices matter?
Financial development and sectoral output growth in 19th century Germany
Financial Development and Sectoral Output Growth in 19th century Germany
Electricity consumption and sectoral output in Uganda: An empirical investigation
Financial development and sectoral output growth in 19th century Germany
Financial Development and Sectoral Output: Growth in 19th Century Germany
Electricity consumption and sectoral output in Uganda: an empirical investigation
Testing for Output Convergence: A Re-Examination
Sectoral job effects of trade: An input-output analysis for Germany
Sectoral output, energy use, and CO2 emission in middle-income countries
An examination of business cycle features in UK sectoral output
Dynamics of sectoral business cycle comovement
Sectoral output effects of monetary policy: Do sticky prices matter?
Financial development and sectoral output growth in 19th century Germany
Financial Development and Sectoral Output Growth in 19th century Germany
Electricity consumption and sectoral output in Uganda: An empirical investigation
Financial development and sectoral output growth in 19th century Germany
Financial Development and Sectoral Output: Growth in 19th Century Germany
Electricity consumption and sectoral output in Uganda: an empirical investigation
Testing for Output Convergence: A Re-Examination
Sectoral job effects of trade: An input-output analysis for Germany
Sectoral output, energy use, and CO2 emission in middle-income countries
An examination of business cycle features in UK sectoral output
Dynamics of sectoral business cycle comovement
Sectoral output effects of monetary policy: Do sticky prices matter?
Financial development and sectoral output growth in 19th century Germany
Financial Development and Sectoral Output Growth in 19th century Germany
Electricity consumption and sectoral output in Uganda: An empirical investigation
Financial development and sectoral output growth in 19th century Germany
Financial Development and Sectoral Output: Growth in 19th Century Germany
Electricity consumption and sectoral output in Uganda: an empirical investigation
Testing for Output Convergence: A Re-Examination
Sectoral job effects of trade: An input-output analysis for Germany