Please use this identifier to cite or link to this item: https://hdl.handle.net/11147/5366
Title: Business cycle dynamics across the US states
Authors: Magrini, Stefano
Gerolimetto, Margherita
Duran, Hasan Engin
Duran, Hasan Engin
Izmir Institute of Technology. City and Regional Planning
Keywords: Synchronization
Business cycles
Lead/lag structure
Issue Date: Jan-2013
Publisher: Walter de Gruyter GmbH
Source: Magrini, S., Gerolimetto, M., and Duran, H. E. (2013). Business cycle dynamics across the US states. B.E. Journal of Macroeconomics, 13(1), 795-822. doi:10.1515/bejm-2012-0018
Abstract: The analysis of synchronization among regional or national business cycles has recently been attracting a growing interest within the economic literature. Far less attention has instead been devoted to a closely related issue: given a certain level of synchronization, some economies might be systematically ahead of others along the swings of the business cycle. We analyze this issue within a system of economies and show that leading (or lagging behind) is a feature that does not occur at random across the economies. In addition, we investigate the economic drivers that could explain this behavior. To do so, we employ data for 48 conterminous US states between 1990 and 2009. © 2013 by Walter de Gruyter Berlin Boston.
URI: http://doi.org/10.1515/bejm-2012-0018
http://hdl.handle.net/11147/5366
ISSN: 1935-1690
1935-1690
Appears in Collections:City and Regional Planning / Şehir ve Bölge Planlama
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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