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Since the 1990s, the issue of regional income convergence and its long term tendencies has been thoroughly and heatedly discussed. Far less attention, however, has been devoted to the short-run dynamics of regional convergence. In particular, three important aspects have not yet been adequately...
Persistent link: https://www.econbiz.de/10009194110
Since the 1990s, the issue of regional income convergence and its long term tendencies has been thoroughly and heatedly discussed. Much less attention, however, has been devoted to the short-run dynamics of regional convergence. In particular, three important aspects have not yet been adequately...
Persistent link: https://www.econbiz.de/10011539464
The analysis of synchronization among regional or national business cycles has recently been attracting a growing … certain level of synchronization, some economies might be systematically ahead of others along the swings of the business …
Persistent link: https://www.econbiz.de/10009144146
The aim of the present article is to investigate the economic determinants of the synchronization across regional … business cycles. Our findings indicate two major results: First, low degree of synchronization during 1975-2000 has switched to …
Persistent link: https://www.econbiz.de/10011445875
The aim of the present article is to investigate the economic determinants of the synchronization across regional … business cycles. Our findings indicate two major results: First, low degree of synchronization during 1975-2000 has switched to …
Persistent link: https://www.econbiz.de/10010462522
To date, only annual information on economic activity is published for the 16 German states. In this paper, we calculate quarterly regional GDP estimates for the period between 1995 to 2020, thereby improving the regional database in Germany. The new data set will regularly be updated when...
Persistent link: https://www.econbiz.de/10013177211
To date, only annual information on economic activity is published for the 16 German states. In this paper, we calculate quarterly regional GDP estimates for the period between 1995 to 2021, thereby improving the regional database for Germany. The new data set will regularly be updated when...
Persistent link: https://www.econbiz.de/10014290190
We use National Bank of New Zealand Regional Economic Activity data, to identify and characterise classical business cycle turning points, for New Zealand's 14 regions and aggregate New Zealand activity. Using Concordance statistic measures, logistic model and GMM estimation methods, meaningful...
Persistent link: https://www.econbiz.de/10005413319
This paper identifies the expansion and contraction phases of New Zealand's national and regional house prices, by employing techniques typically used to study cycles in real activity, the so-called Classical cycle dating method. We then enquire into the nature of the cycles, addressing five...
Persistent link: https://www.econbiz.de/10005384973
We use National Bank of New Zealand Regional Economic Activity data, to identify and characterise classical business cycle turning points, for New Zealand’s 14 regions and aggregate New Zealand activity. Using Concordance statistic measures, logistic model and GMM estimation methods,...
Persistent link: https://www.econbiz.de/10011318852