Publication detail

Wavelet spectrum analysis of business cycles of China and G7 countries

FIDRMUC, J. KORHONEN, I. POMĚNKOVÁ, J.

Original Title

Wavelet spectrum analysis of business cycles of China and G7 countries

English Title

Wavelet spectrum analysis of business cycles of China and G7 countries

Type

journal article in Web of Science

Language

en

Original Abstract

We employ a wavelet spectrum analysis to study globalization and business cycles in China and G7 countries. The co-movement synchronization between G7 countries and China is shown to have undergone frequent and large changes during our sample period. The co-movements for business-cycle frequencies are generally different from those for other frequencies.We find a significant relationship between the timevarying wavelet measure of synchronization and trade only for business-cycle frequencies. The co-movements at longer frequencies are negatively related to trade, so that the overall co-movements and trade tend not to be significantly related.

English abstract

We employ a wavelet spectrum analysis to study globalization and business cycles in China and G7 countries. The co-movement synchronization between G7 countries and China is shown to have undergone frequent and large changes during our sample period. The co-movements for business-cycle frequencies are generally different from those for other frequencies.We find a significant relationship between the timevarying wavelet measure of synchronization and trade only for business-cycle frequencies. The co-movements at longer frequencies are negatively related to trade, so that the overall co-movements and trade tend not to be significantly related.

Keywords

globalization; business cycles; synchronization; trade; wavelet analysis

RIV year

2014

Released

31.10.2014

Publisher

Routledge

Location

UK

Pages from

1309

Pages to

1313

Pages count

5

BibTex


@article{BUT108718,
  author="Jarko {Fidrmuc} and Iikka {Korhonen} and Jitka {Poměnková}",
  title="Wavelet spectrum analysis of business cycles of China and G7 countries",
  annote="We employ a wavelet spectrum analysis to study globalization and business cycles in
China and G7 countries. The co-movement synchronization between G7 countries
and China is shown to have undergone frequent and large changes during our sample
period. The co-movements for business-cycle frequencies are generally different
from those for other frequencies.We find a significant relationship between the timevarying
wavelet measure of synchronization and trade only for business-cycle
frequencies. The co-movements at longer frequencies are negatively related to
trade, so that the overall co-movements and trade tend not to be significantly related.",
  address="Routledge",
  chapter="108718",
  doi="10.1080/13504851.2014.920468",
  institution="Routledge",
  number="18",
  volume="21",
  year="2014",
  month="october",
  pages="1309--1313",
  publisher="Routledge",
  type="journal article in Web of Science"
}