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Table A 4 c: Analysis of cycles with respect to the reference cycle
of the Austrian gross value added excluding agriculture
BK
Phases and cvcles averaae duratlon</TH< TR>
Pto T P to P TtoP TtoT
Reference
7.86 14.86 7.86 15.83
Serles
aufF 7.13 14.14 7.43 14
autCDE 7.86 14.67 8.33 15.83
autGDP 7 15.67 9.5 16
autGHI 5.14 14.5 10 13.83
autGVA 7.71 14.86 8 16
au!JK 10 17.4 8.33 17.5
eurGDP 7.67 18.2 12.2 19.8
eurGDPex 8.14 15 8.33 16.33
oerCDE 8 15 8.17 15.83
oerF 8.25 12.75 5.38 13.43
oerGDP 8.17 15.5 8.17 15.6
oerGHI 9.67 17.8 8.17 17
oerGVA 7 15.17 9.5 16
oerGVAex 7.71 15.17 8.67 16
oerJK 10.17 16.8 7.17 16.5
Average 7.97 15.47 8.45 15.97
Source: Own calculations.
The Austrian Business Cycle in the European Context
Forschungsergebnisse der Wirtschaftsuniversitat Wien
- Titel
- The Austrian Business Cycle in the European Context
- Autor
- Marcus Scheiblecker
- Verlag
- PETER LANG - lnternationaler Verlag der Wissenschaften
- Ort
- Frankfurt
- Datum
- 2008
- Sprache
- englisch
- Lizenz
- CC BY 4.0
- ISBN
- 978-3-631-75458-0
- Abmessungen
- 14.8 x 21.0 cm
- Seiten
- 236
- Schlagwörter
- Economy, Wirtschaft, WIFO, Vienna
- Kategorien
- International
- Recht und Politik
Inhaltsverzeichnis
- Zusammenfassung V
- Abstract IX
- List of figures and tables XV
- List of abbreviations XVII
- List of variables XIX
- 1. Research motivation and overview 1
- 2. The data 7
- 3. Methods of extracting business cycle characteristics 13
- 4. Identifying the business cycle 41
- 5. Analysing cyclical comovements
- 6. Dating the business cycle 61
- 7. Analysis of turning points 71
- 8. Results 79
- 9. Comparing results with earlier studies on the Austrian business cycle 125
- 9.1 Comparing the results with the study by Altissimo et al. (2001) 126
- 9.2 Comparing the results with the study by Monch -Uhlig (2004) 128
- 9.3 Comparing the results with the study by Cheung -Westermann (1999) 130
- 9.4 Comparing the results with the study by Brandner -Neusser (1992) 131
- 9.5 Comparing the results with the study by Forni - Hallin -Lippi -Reich/in (2000) 132
- 9.6 Comparing the results with the study by Breitung -Eickmeier (2005) 134
- 9.7 Comparing the results with the study by Artis - Marcellino - Proietti (2004) 134
- 9.8 Comparing the results with the study by Vijselaar -Albers (2001) 140
- 9.9 Comparing the results with the study by Artis - Zhang (1999) 142
- 9.10 Comparing the results with the study by Dickerson -Gibson -Tsakalotos (1998) 142
- 9.11 Comparing the results with the study by Artis - Krolzig - Toro (2004) 143
- 9.12 Comparing the results with the dating calendar of the CEPR 146
- 9.13 Comparing the results with the study by Breuss ( 1984) 151
- 9.14 Comparing the results with the study by Hahn - Walterskirchen ( 1992) 153
- 9.15 Comparison of the results of different dating procedures 154
- 9 .15.1 Turning point dates of the Austrian business cycle 155
- 9 .15.2 Turning point dates of the euro area business cycle 156
- 10. Concludlng remarks 161
- References 169
- Annex 177