Artikel
Business cycle correlation between the Euro area and the Balkan countries
This paper examines the degree of trade integration and business cycle synchronisation between eight Balkan countries and the Euro area over the period 2000:1-2011:4. The main findings are that Slovenia and the Former Yugoslav Republic of Macedonia exhibit a high level of openness relative to Euro area and seem to have achieved a large degree of business cycle synchronisation with the aggregate Euro area cycle. The other Balkan countries are characterized by high trade integration with the EMU (except Greece and Turkey) and a rather modest degree of association with the Euro area cycle, although Turkey is nearest the average of the EMU countries. We further document that there is a tendency for an increase in the degree of synchronisation with EMU for all Balkan countries. We also note, however, that at the end of the period, the degree of synchronisation has become less pronounced.
- Sprache
-
Englisch
- Erschienen in
-
Journal: International Journal of Economic Sciences and Applied Research ; ISSN: 1791-3373 ; Volume: 7 ; Year: 2014 ; Issue: 1 ; Pages: 33-49 ; Kavala: Eastern Macedonia and Thrace Institute of Technology
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
Economic Integration
Open Economy Macroeconomics
- Thema
-
Business cycles
Synchronization
Balkan countries
European integration
Euro area
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gouveia, Sofia
- Ereignis
-
Veröffentlichung
- (wer)
-
Eastern Macedonia and Thrace Institute of Technology
- (wo)
-
Kavala
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Gouveia, Sofia
- Eastern Macedonia and Thrace Institute of Technology
Entstanden
- 2014
Ähnliche Objekte (12)
Meta-analysis of the business cycle correlation between the Euro Area and the CEECs
The Ifo business cycle clock: Circular correlation with the real GDP
Business Cycle Synchronization in the Euro Area
Neglecting Demand and Cycle in the Euro Area
Regional growth cycle synchronisation with the Euro Area
Tracking Growth and the Business Cycle: a Stochastic Common Cycle Model for the Euro Area
A meta-analysis of business cycle correlation between the euro area and CEECs: What do we know - and who cares?
Meta-analysis of Chinese business cycle correlation
Some stylised facts on the euro area business cycle
Labor productivity, effort and the euro area business cycle
Some stylised facts on the Euro area business cycle
The effect of asymmetries in fiscal policy conducts on business cycle correlation in the EU
Meta-analysis of the business cycle correlation between the Euro Area and the CEECs
The Ifo business cycle clock: Circular correlation with the real GDP
Business Cycle Synchronization in the Euro Area
Neglecting Demand and Cycle in the Euro Area
Regional growth cycle synchronisation with the Euro Area
Tracking Growth and the Business Cycle: a Stochastic Common Cycle Model for the Euro Area
A meta-analysis of business cycle correlation between the euro area and CEECs: What do we know - and who cares?
Meta-analysis of Chinese business cycle correlation
Some stylised facts on the euro area business cycle
Labor productivity, effort and the euro area business cycle
Some stylised facts on the Euro area business cycle
The effect of asymmetries in fiscal policy conducts on business cycle correlation in the EU
Meta-analysis of the business cycle correlation between the Euro Area and the CEECs
The Ifo business cycle clock: Circular correlation with the real GDP
Business Cycle Synchronization in the Euro Area
Neglecting Demand and Cycle in the Euro Area
Regional growth cycle synchronisation with the Euro Area
Tracking Growth and the Business Cycle: a Stochastic Common Cycle Model for the Euro Area
A meta-analysis of business cycle correlation between the euro area and CEECs: What do we know - and who cares?
Meta-analysis of Chinese business cycle correlation
Some stylised facts on the euro area business cycle
Labor productivity, effort and the euro area business cycle
Some stylised facts on the Euro area business cycle