Journal article | Zeitschriftenartikel
An examination of business cycle features in UK sectoral output
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.
- Extent
-
Seite(n): 3241-3252
- Language
-
Englisch
- Notes
-
Status: Postprint; begutachtet (peer reviewed)
- Bibliographic citation
-
Applied Economics, 42(25)
- Subject
-
Wirtschaft
Wirtschaftsstatistik, Ökonometrie, Wirtschaftsinformatik
Volkswirtschaftslehre
Großbritannien
Trend
Wirtschaftsentwicklung
Bruttoinlandsprodukt
Wirtschaftswachstum
Konjunkturzyklus
- Event
-
Geistige Schöpfung
- (who)
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Wang, Peijie
- Event
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Veröffentlichung
- (where)
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Vereinigte Staaten von Amerika
- (when)
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2009
- DOI
- URN
-
urn:nbn:de:0168-ssoar-241972
- Rights
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Last update
-
21.06.2024, 4:26 PM CEST
Data provider
This object is provided by:
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
Object type
- Zeitschriftenartikel
Associated
- Wang, Peijie
Time of origin
- 2009
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