Permanent Shocks and Spillovers: A Sectoral Approach Using a Structural VAR

Kerstin Johansson
Additional contact information
Kerstin Johansson: National Institute of Economic Research, Postal: National Institute of Economic Research, P.O. Box 3116, SE-103 62 Stockholm, Sweden

No 63, Working Papers from National Institute of Economic Research

Abstract: In an empirical two-sector model, it is investigated if permanent shocks originating from one sector have an effect on production in the other sector. The VAR contains three variables: employment in the private sector, and value added in industry and in the rest of the private sector. I found that shocks originating from one sector have no effect on production in the other sector, neither in the short, nor in the long run. The only common source of fluctuations in sectoral production is shocks to the labor trend.

Pages: 21 pages
Date: 1998-09-01
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.konj.se/download/18.4bf39736154c6660a10982ef/1463754704361/WP_63.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.konj.se/download/18.4bf39736154c6660a10982ef/1463754704361/WP_63.pdf [301 Moved Permanently]--> https://www.konj.se/download/18.4bf39736154c6660a10982ef/1463754704361/WP_63.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:nierwp:0063

Access Statistics for this paper

More papers in Working Papers from National Institute of Economic Research National Institute of Economic Research, P.O. Box 3116, SE-103 62 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Sarah Hegardt Grant ( this e-mail address is bad, please contact ).