A sectoral analysis of Barbados’ GDP business cycle

Roland Craigwell and Alain Maurin

MPRA Paper from University Library of Munich, Germany

Abstract: This paper has two main objectives. Firstly, to establish and characterise a reference cycle (based on real output) for Barbados over the quarterly period 1974-2003 using the Bry and Boschan algorithm. Secondly, to link this aggregate output cycle to the cycles of the individual sectors that comprises real output. The overriding conclusions are that the cycles of tourism and wholesale and retail closely resembles that of the aggregate business cycle, while the non-sugar agriculture and fishing cycle is acyclical.

Keywords: Barbados; Gross Domestic Product, Business Cycle (search for similar items in EconPapers)
JEL-codes: E32 E6 F41 (search for similar items in EconPapers)
Date: 2007-03
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Citations: View citations in EconPapers (5)

Published in Journal of Eastern Caribbean Studies 1.32(2007): pp. 21-52

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33428

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