Electronics and Growth Cycles in Singapore

Tilak Abeysinghe ()

Applied Economics, 2000, vol. 32, issue 13, pages 1657-63

Abstract: With the help of spectral and structural time series analyses it is found that the demand for electronics in the USA goes through a cycle with a period of about four to five years. Because of the synchronized nature of the electronics market, the global demand for electronics is likely to follow a similar cycle. The electronics cycle is unlikely to be caused by a regular business cycle. The major cause of the electronics cycle appears to be a product cycle which results from the introduction of new products to the market. As a result countries like Singapore which depend heavily on electronics exports may face roller coaster rides, especially in their manufacturing growth. Product diversification is the best solution to the problem. Copyright 2000 by Taylor and Francis Group

Date: 2000
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