AGGREGATE OUTPUT DYNAMICS IN THE 20TH-CENTURY

Authors
Citation
Yw. Cheung, AGGREGATE OUTPUT DYNAMICS IN THE 20TH-CENTURY, Economics letters, 45(1), 1994, pp. 15-22
Citations number
22
Categorie Soggetti
Economics
Journal title
ISSN journal
01651765
Volume
45
Issue
1
Year of publication
1994
Pages
15 - 22
Database
ISI
SICI code
0165-1765(1994)45:1<15:AODIT2>2.0.ZU;2-Z
Abstract
This study shows that annual output data of the G7 countries in the tw entieth century are better characterized as transitory deviations from a (shifting) growth trend than as integrated processes. Furthermore, I find no two countries share common business cycles.