Cyclical Fluctuations in CIS Economies:
This paper documents a number of stylized facts of quarterly frequency cyclical fluctuations in a specific group of developing economies, previously belonging to the same country organization, the former Soviet Union. We find that in these countries (1) fluctuations are in general less persistent th...
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| Format: | Elektronisch Buchkapitel |
| Sprache: | English |
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Paris
OECD Publishing
2007
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| Online-Zugang: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 Volltext |
| Zusammenfassung: | This paper documents a number of stylized facts of quarterly frequency cyclical fluctuations in a specific group of developing economies, previously belonging to the same country organization, the former Soviet Union. We find that in these countries (1) fluctuations are in general less persistent than elsewhere; (2) private consumption is extremely volatile; (3) net exports are procyclical and persistent in commodity exporter countries; (4) government consumption is a very important, dominantly procyclical determinant of output; (5) Belarus, Russia, Ukraine, and to a smaller degree, Kazakhstan and Moldova are surprisingly similar in the behavior of their GDP components, industrial production and certain nominal variables; (6) there is mixed evidence regarding the dominance of supply versus demand shocks |
| Beschreibung: | 1 Online-Ressource (15 Seiten) 16 x 23cm |
| DOI: | 10.1787/jbcma-v2007-art6-en |
Internformat
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Datensatz im Suchindex
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| spelling | Benczúr, Péter Verfasser aut Cyclical Fluctuations in CIS Economies Péter Benczúr, Emin Muradov and Attila Rátfai Paris OECD Publishing 2007 1 Online-Ressource (15 Seiten) 16 x 23cm txt rdacontent c rdamedia cr rdacarrier This paper documents a number of stylized facts of quarterly frequency cyclical fluctuations in a specific group of developing economies, previously belonging to the same country organization, the former Soviet Union. We find that in these countries (1) fluctuations are in general less persistent than elsewhere; (2) private consumption is extremely volatile; (3) net exports are procyclical and persistent in commodity exporter countries; (4) government consumption is a very important, dominantly procyclical determinant of output; (5) Belarus, Russia, Ukraine, and to a smaller degree, Kazakhstan and Moldova are surprisingly similar in the behavior of their GDP components, industrial production and certain nominal variables; (6) there is mixed evidence regarding the dominance of supply versus demand shocks Economics Muradov, Emin ctb Rátfai, Attila ctb https://doi.org/10.1787/jbcma-v2007-art6-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Benczúr, Péter Cyclical Fluctuations in CIS Economies Economics |
| title | Cyclical Fluctuations in CIS Economies |
| title_auth | Cyclical Fluctuations in CIS Economies |
| title_exact_search | Cyclical Fluctuations in CIS Economies |
| title_exact_search_txtP | Cyclical Fluctuations in CIS Economies |
| title_full | Cyclical Fluctuations in CIS Economies Péter Benczúr, Emin Muradov and Attila Rátfai |
| title_fullStr | Cyclical Fluctuations in CIS Economies Péter Benczúr, Emin Muradov and Attila Rátfai |
| title_full_unstemmed | Cyclical Fluctuations in CIS Economies Péter Benczúr, Emin Muradov and Attila Rátfai |
| title_short | Cyclical Fluctuations in CIS Economies |
| title_sort | cyclical fluctuations in cis economies |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/jbcma-v2007-art6-en |
| work_keys_str_mv | AT benczurpeter cyclicalfluctuationsinciseconomies AT muradovemin cyclicalfluctuationsinciseconomies AT ratfaiattila cyclicalfluctuationsinciseconomies |