ECONOMICAL VERSUS POLITICAL CYCLES IN AN IBERIAN MANUFACTURING SECTOR

Jose Pires Manso

Industrial Organization from EconWPA

Abstract: The paper discusses several questions related to the economic cycles, from the scientific methodological approach to isolate the economic cycles, to an empirical application using data of the Portuguese industrial sector, passing by the identification of the real economic cycles that modulated the productive activity during almost the last 5 decades of the 20th century, and by its rationality. It ends trying to identify the explicative factors of the different phases of expansion, alert, depression, recession and recovering of the estimated economic cycles and puts them side-by-side with the political cycles dictated by the democratic elections.

Keywords: economic cycles; political cycles; manufactories industry; Portuguese economy; explicative cycle factors; industrial economics (search for similar items in EconPapers)
JEL-codes: E32 L8 (search for similar items in EconPapers)
Date: 2004-04-08
Note: Type of Document - pdf; pages: 13. pdf file
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpio:0404003

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