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degree of synchronisation than the indicators based on unemployment rates. However, recently synchronisation among East and …
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Purpose: The purpose of this paper is to characterize the cyclical phases of the manufacturing industry in Spain and detect which industries have more influence on the Spanish business cycle. We assume that economic growth is a priority; we are going to determine which industries have a...
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correlation amongst member countries. However, it has been demonstrated that the degree of synchronisation is not irrevocably … business cycle synchronisation in the SADC region. More precisely, the study employs a generalised method of moments to … oil prices (a proxy for global common shocks) on the degree of business cycle synchronisation. To conduct our analysis, we …
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