{"title":"BUSINESS CYCLES IN REUNIFIED GERMANY: CLOSER TOGETHER OR FURTHER APART?","authors":"Alexandra Ferreira‐Lopes, T. Sequeira","doi":"10.1111/J.1467-940X.2011.00179.X","DOIUrl":null,"url":null,"abstract":"In this article we document the features of business cycles in German Landers from 1970 and 2007. Specifically, we answer the question if German Landers are becoming more synchronized or not. All results indicate that the synchronization of cycles is stronger inside the former Western Germany and inside the former Eastern Germany. The reunification process has had a strong influence in terms of business cycle association. However, a process of cyclical convergence has begun, although slowly, after the reunification.","PeriodicalId":39676,"journal":{"name":"Review of Urban and Regional Development Studies","volume":"23 1","pages":"94-113"},"PeriodicalIF":0.0000,"publicationDate":"2011-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/J.1467-940X.2011.00179.X","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of Urban and Regional Development Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1111/J.1467-940X.2011.00179.X","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 3
Abstract
In this article we document the features of business cycles in German Landers from 1970 and 2007. Specifically, we answer the question if German Landers are becoming more synchronized or not. All results indicate that the synchronization of cycles is stronger inside the former Western Germany and inside the former Eastern Germany. The reunification process has had a strong influence in terms of business cycle association. However, a process of cyclical convergence has begun, although slowly, after the reunification.
期刊介绍:
Review of Urban & Regional Development Studies (RURDS) focuses on issues of immediate practical interest to those involved in policy formation and implementation. Articles contain rigorous empirical analysis, with many emphasizing policy relevance and the operational aspects of the academic disciplines, while others focus on theoretical and methodological issues. Interdisciplinary and international in perspective, RURDS has a wide appeal: in addition to scholars, readership includes planners, engineers and managers in government, business and development agencies worldwide.