Oscillatory Dynamics of Industrial Production

Ionut Purica

Journal for Economic Forecasting, 2012, issue 4, 117-128

Abstract: GDP and its components’ evolution show an oscillatory behavior. As an alternative approach to classical cyclical behavior producing models the paper analyses this behavior both by Fourier transforms of the data series and by a discussion of the roots configuration of the associated second order differential equations describing the process. Specific cycles that associate with the economic sectors contributing to the generation of GDP are identified. This oscillatory system-based approach is providing a complementary way to describe economic behavior dynamics.

Keywords: nonlinear models; oscillatory behavior; GDP cycles (search for similar items in EconPapers)
JEL-codes: C3 C61 C62 D7 D87 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ipe.ro/rjef/rjef4_12/rjef4_2012p117-128.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:rjr:romjef:v::y:2012:i:4:p:117-128

Access Statistics for this article

Journal for Economic Forecasting is currently edited by Lucian Liviu Albu and Corina Saman

More articles in Journal for Economic Forecasting from Institute for Economic Forecasting Contact information at EDIRC.
Bibliographic data for series maintained by Corina Saman ( this e-mail address is bad, please contact ).