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Business Cycles and Seasonal Cycles in Bangladesh

Rahman Pk. Md. Motiur and Tatsufumi Yamagata

No 1, IDE Discussion Papers from Institute of Developing Economies, Japan External Trade Organization(JETRO)

Abstract: The empirical regularities of the Bangladesh business and seasonal cycles are documented in this study. Spectrums, seasonality, volatility, cyclicality, and persistence in the level and variance of macroeconomic variables in Bangladesh are explored using monthly and quarterly macroeconomic series. Most of the features of U.S. and East-Southeast Asian business cycles are common to Bangladeshi business cycles; however, there are some differences. As is seen in the U.S. and European economies, seasonal cycles accentuate the features of business cycles in Bangladesh. To our surprise, the seasonal cycles in Bangladesh embody the features of business cycles in the U.S. and East-Southeast Asian economies more thoroughly than they do the business cycles in Bangladesh.

Keywords: Business cycles; Seasonal cycles; Bangladesh; 景気; バングラデシュ (search for similar items in EconPapers)
JEL-codes: E32 O53 (search for similar items in EconPapers)
Date: 2004-04-01
New Economics Papers: this item is included in nep-cwa, nep-mac and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in IDE Discussion Paper = IDE Discussion Paper, No. 1. 2004-04-01

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