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Please use this identifier to cite or link to this item: http://hdl.handle.net/2344/317

タイトル: Analogous Cycles with Lagged Co-movement: U.S. and East Asian Business Cycles
著者: Yamagata, Tatsufumi
山形, 辰史
キーワード: Business cycles
East Asia
United States
Taiwan
Hong Kong
Japan
South Korea
Philippines
Singapore
Thailand
景気
東アジア
アメリカ合衆国
台湾
香港
日本
韓国
フィリピン
シンガポール
タイ
Issue Date: Dec-1998
出版者: Institute of Developing Economies, JETRO
引用: The Developing Economies 36.4 (1998.12): 407-439
抄録: In selected East Asian economies, the behavior of detrended macroeconomic variables was found to be similar to that observed in the postwar U.S. economy. Consumption and investment are highly procyclical while the balance of trade and the price level are counter-cyclical in most of them. Labor productivity is procyclical in general. The high coherence between U.S. GDP and that of the East Asian economies suggests that business cycles in terms of frequency are also similar between the United States and East Asia. However, the GDP and consumption of East Asian countries do not necessarily co-move well with current U.S. and Japanese GDP and consumption, while East Asian consumption tends to co-move more with lagged U.S. and Japanese consumption.
URI: http://hdl.handle.net/2344/317
Appears in Collections:01.経済、産業(Economy and Industry)/東アジア(East Asian Studies)
03.The Developing Economies

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