BUSINESS CYCLES IN REUNIFIED GERMANY: CLOSER TOGETHER OR FURTHER APART?

Alexandra Ferreira‐Lopes, T. Sequeira
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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.
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德国统一后的商业周期:更紧密还是更远?
在本文中,我们记录了1970年和2007年德国兰德斯州商业周期的特征。具体来说,我们回答了德国兰德人是否变得更加同步的问题。所有结果表明,前西德和前东德内部的周期同步性更强。统一过程在经济周期关联方面产生了强大的影响。然而,在两德统一之后,一个周期性趋同的过程已经开始,尽管速度缓慢。
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来源期刊
Review of Urban and Regional Development Studies
Review of Urban and Regional Development Studies Social Sciences-Geography, Planning and Development
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1.10
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0.00%
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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.
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