Cointegration and industrial cycles.

Title: Cointegration and industrial cycles.
Identifier: AAI9605667
identifier: 9605667
Creator: Sualp, Mustafa Nedim.
Contributor: Adviser: Michael Grossman
Date: 1995
Language: English
Publisher: City University of New York.
Subject: Economics, General | Economics, Theory
Abstract: We investigate in this paper the degree of short-run and long-run comovements for ten industries. Based on the model developed by Johansen (1988, 1992) and Engle and Issler (1995), cointegration and common-cycle estimations are performed using per-capita output level of selected industries. The results show very similar cyclical behavior across industries and indicate that they basically exhibit pro-cyclical behavior during the business cycles.
Type: dissertation
Source: PQT Legacy CUNY.xlsx
degree: Ph.D.