Business Cycles in South America and East Asia: An Introduction

Alexandre Cunha, Jorge Reis Sandes and Luis Gustavo Cubas Vivanco
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Jorge Reis Sandes: IBMEC-RJ
Luis Gustavo Cubas Vivanco: IBMEC-RJ

Brazilian Business Review, 2005, vol. 2, issue 2, 172-186

Abstract: We study the business cycle component of the per capita gross domestic product of ten South American and six East Asian countries during the period 1970-2000. Both sets of countries display an average volatility roughly equal to twice the U.S. one. Average persistence in each of these areas is similar to the U.S. The cyclical phases usually do not coincide temporally across countries.

Keywords: business cycles; South America; East Asia (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:bbz:fcpbbr:v:2:y:2005:i:2:p:172-186

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