Business cycle accounting of the BRIC economies
Author
Abstract
Suggested Citation
DOI: 10.1515/bejm-2012-0129
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Shu-Shiuan Lu, 2012.
"East Asian growth experience revisited from the perspective of a neoclassical model,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(3), pages 359-376, July.
- Shu-Shiuan Lu, 2012. "Online Appendix to "East Asian Growth Experience Revisited from the Perspective of a Neoclassical Model"," Online Appendices 09-1, Review of Economic Dynamics.
- Shu-shiuan Lu, 2012. "Code and data files for "East Asian growth experience revisited from the perspective of a neoclassical model"," Computer Codes 09-1, Review of Economic Dynamics.
- Alex Klein & Keisuke Otsu, 2013. "Efficiency, Distortions and Factor Utilization during the Interwar Period," Studies in Economics 1317, School of Economics, University of Kent.
- Mark Aguiar & Gita Gopinath, 2007.
"Emerging Market Business Cycles: The Cycle Is the Trend,"
Journal of Political Economy, University of Chicago Press, vol. 115(1), pages 69-102.
- Mark Aguiar & Gita Gopinath, 2004. "Emerging Market Business Cycles: The Cycle is the Trend," NBER Working Papers 10734, National Bureau of Economic Research, Inc.
- Mark Aguiar & Gita Gopinath, 2004. "Emerging market business cycles: the cycle is the trend," Working Papers 04-4, Federal Reserve Bank of Boston.
- Aguiar, Mark & Gopinath, Gita, 2007. "Emerging Market Business Cycles: The Cycle is the Trend," Scholarly Articles 11988098, Harvard University Department of Economics.
- Otsu Keisuke, 2010.
"A Neoclassical Analysis of the Asian Crisis: Business Cycle Accounting for a Small Open Economy,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 10(1), pages 1-39, July.
- Keisuke Otsu, 2007. "A Neoclassical Analysis of the Asian Crisis: Business Cycle Accounting of a Small Open Economy," IMES Discussion Paper Series 07-E-16, Institute for Monetary and Economic Studies, Bank of Japan.
- Ronald Findlay, 1978. "Relative Backwardness, Direct Foreign Investment, and the Transfer of Technology: A Simple Dynamic Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(1), pages 1-16.
- Kobayashi, Keiichiro & Inaba, Masaru, 2006.
"Business cycle accounting for the Japanese economy,"
Japan and the World Economy, Elsevier, vol. 18(4), pages 418-440, December.
- Keiichiro Kobayashi & Masaru Inaba, 2005. "Business Cycle Accounting for the Japanese Economy," Discussion papers 05023, Research Institute of Economy, Trade and Industry (RIETI).
- Keiichiro Kobayashi & Masaru Inaba, 2006. "Business cycle accounting for the Japanese economy," 2006 Meeting Papers 313, Society for Economic Dynamics.
- Rajan, Raghuram G. & Zingales, Luigi, 2003. "The great reversals: the politics of financial development in the twentieth century," Journal of Financial Economics, Elsevier, vol. 69(1), pages 5-50, July.
- John Bailey Jones & Sohini Sahu, 2017.
"Transition accounting for India in a multi-sector dynamic general equilibrium model,"
Economic Change and Restructuring, Springer, vol. 50(4), pages 299-339, November.
- John Bailey Jones & Sohini Sahu, 2008. "Transition Accounting for India in a Multi-Sector Dynamic General Equilibrium Model," Discussion Papers 08-03, University at Albany, SUNY, Department of Economics.
- Keisuke Otsu, 2009.
"International Business Cycle Accounting,"
IMES Discussion Paper Series
09-E-29, Institute for Monetary and Economic Studies, Bank of Japan.
- Keisuke Otsu, 2010. "International Business Cycle Accounting," Studies in Economics 1010, School of Economics, University of Kent.
- Ruy Lama, 2011.
"Accounting for Output Drops in Latin America,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(2), pages 295-316, April.
- Mr. Ruy Lama, 2009. "Accounting for Output Drops in Latin America," IMF Working Papers 2009/067, International Monetary Fund.
- Konya Istvan, 2013. "Development accounting with wedges: the experience of six European countries," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 245-286, June.
- Dooyeon Cho & Antonio Doblas-Madrid, 2013.
"Business Cycle Accounting East and West: Asian Finance and the Investment Wedge,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(4), pages 724-744, October.
- Dooyeon Cho & Antonio Doblas-Madrid, 2012. "Online Appendix to "Business Cycle Accounting East and West: Asian Finance and the Investment Wedge," Online Appendices 10-51, Review of Economic Dynamics.
- Dooyeon Cho & Antonio Doblas-Madrid, 2012. "Code and data files for "Business Cycle Accounting East and West: Asian Finance and the Investment Wedge"," Computer Codes 10-51, Review of Economic Dynamics.
- Ljungwall, Christer & Gao, Xu, 2009. "Sources Of Business Cycle Fluctuations: Comparing China And India," Working Paper Series 2009-7, Stockholm School of Economics, China Economic Research Center.
- Harold L. Cole & Lee E. Ohanian, 2004.
"New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis,"
Journal of Political Economy, University of Chicago Press, vol. 112(4), pages 779-816, August.
- Harold L. Cole & Lee E. Ohanian, 2001. "New Deal policies and the persistence of the Great Depression: a general equilibrium analysis," Working Papers 597, Federal Reserve Bank of Minneapolis.
- Chakraborty, Suparna, 2009. "The boom and the bust of the Japanese economy: A quantitative look at the period 1980-2000," Japan and the World Economy, Elsevier, vol. 21(1), pages 116-131, January.
- Jacek Rothert & Mohammad Rahmati, 2014. "Business Cycle Accounting in a Small Open Economy," Departmental Working Papers 46, United States Naval Academy Department of Economics.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Rodrigo A. Cerda & José Tomás Valente, 2022. "The role of capital taxation on the business cycle: the case of Chile, 1960–2019," Economic Change and Restructuring, Springer, vol. 55(1), pages 83-108, February.
- Brinca, Pedro & João, Costa-Filho, 2021. "Output falls and the international transmission of crises," MPRA Paper 107297, University Library of Munich, Germany.
- Brinca, P. & Chari, V.V. & Kehoe, P.J. & McGrattan, E., 2016.
"Accounting for Business Cycles,"
Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1013-1063,
Elsevier.
- Pedro Brinca & V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 2016. "Accounting for Business Cycles," Staff Report 531, Federal Reserve Bank of Minneapolis.
- Pedro Brinca & V. V. Chari & Patrick J. Kehoe & Ellen McGrattan, 2016. "Accounting for Business Cycles," NBER Working Papers 22663, National Bureau of Economic Research, Inc.
- Brinca, Pedro & Costa-Filho, João, 2021. "Economic depression in Brazil: the 2014-2016 fall," MPRA Paper 107298, University Library of Munich, Germany.
- Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha, 2016.
"Trends and Cycles in China's Macroeconomy,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 30(1), pages 1-84.
- Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha, 2015. "Trends and Cycles in China's Macroeconomy," NBER Chapters, in: NBER Macroeconomics Annual 2015, Volume 30, pages 1-84, National Bureau of Economic Research, Inc.
- Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha, 2015. "Trends and cycles in China's macroeconomy," FRB Atlanta Working Paper 2015-5, Federal Reserve Bank of Atlanta.
- Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha, 2015. "Trends and Cycles in China's Macroeconomy," NBER Working Papers 21244, National Bureau of Economic Research, Inc.
- Kaiji Chen, 2015. "Trends and Cycles in China's Macroeconomy," 2015 Meeting Papers 145, Society for Economic Dynamics.
- Kshitiz Mishra & Partha Chatterjee, 2021. "Monetary Business Cycle Accounting Analysis of Indian Economy," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 19(3), pages 471-491, September.
- Fernando del Río & Francisco‐Xavier Lores, 2023. "Accounting for the role of investment frictions in recessions," Economica, London School of Economics and Political Science, vol. 90(360), pages 1089-1118, October.
- Jagjit Chadha & Young-Kwan Kang, 2016. "Finance and Credit in a Model of Monetary Policy," National Institute of Economic and Social Research (NIESR) Discussion Papers 471, National Institute of Economic and Social Research.
- Gerth Florian & Otsu Keisuke, 2018.
"The post-crisis slump in Europe: a business cycle accounting analysis,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 18(1), pages 1-25, January.
- Florian Gerth & Keisuke Otsu, 2016. "A Post-crisis Slump in Europe: A Business Cycle Accounting Analysis," Studies in Economics 1606, School of Economics, University of Kent.
- Madanizadeh, Seyed Ali & Karimirad, Ali & Rahmati, Mohammad H., 2019. "Business cycle accounting of trade barriers in a small open economy," The Quarterly Review of Economics and Finance, Elsevier, vol. 71(C), pages 67-78.
- Germaschewski, Yin & Horvath, Jaroslav & Rubini, Loris, 2021. "Property rights, expropriations, and business cycles in China," Journal of Economic Dynamics and Control, Elsevier, vol. 125(C).
- Ibhagui, Oyakhilome, 2019. "Explaining differences in income levels of Africa's largest economies: A development accounting perspective," International Journal of Development and Conflict, Gokhale Institute of Politics and Economics, vol. 9(2), pages 216-248.
- Daniel Fehrle & Johannes Huber, 2020.
"Business cycle accounting for the German fiscal stimulus program during the Great Recession,"
Discussion Paper Series
339, Universitaet Augsburg, Institute for Economics.
- Daniel Fehrle & Johannes Huber, 2020. "Business cycle accounting for the German fiscal stimulus program during the Great Recession," Working Papers 197, Bavarian Graduate Program in Economics (BGPE).
- Matheus Cardoso Leal & Marcio Issao Nakane, 2022. "Brazilian economy in the 2000’s: A tale of two recessions," Working Papers, Department of Economics 2022_20, University of São Paulo (FEA-USP).
- John Bailey Jones & Sohini Sahu, 2017.
"Transition accounting for India in a multi-sector dynamic general equilibrium model,"
Economic Change and Restructuring, Springer, vol. 50(4), pages 299-339, November.
- John Bailey Jones & Sohini Sahu, 2008. "Transition Accounting for India in a Multi-Sector Dynamic General Equilibrium Model," Discussion Papers 08-03, University at Albany, SUNY, Department of Economics.
- Ibhagui, Oyakhilome, 2019. "Explaining Differences in Income Levels of Africa’s Largest Economies – A Development Accounting Perspective," MPRA Paper 95622, University Library of Munich, Germany.
- Pedro Brinca & João Ricardo Costa Filho & Francesca Loria, 2024.
"Business cycle accounting: What have we learned so far?,"
Journal of Economic Surveys, Wiley Blackwell, vol. 38(4), pages 1276-1316, September.
- Brinca, Pedro & Costa-Filho, João & Loria, Francesca, 2020. "Business Cycle Accounting: what have we learned so far?," MPRA Paper 100180, University Library of Munich, Germany.
- Ge, Xinyu & Li, Xiao-Lin & Li, Yong & Liu, Yan, 2022. "The driving forces of China's business cycles: Evidence from an estimated DSGE model with housing and banking," China Economic Review, Elsevier, vol. 72(C).
- Masaru INABA & Kengo NUTAHARA & Daichi SHIRAI, 2024. "Sources of Inequality and Business Cycles: Evidence from the US and Japan," CIGS Working Paper Series 23-006E, The Canon Institute for Global Studies.
- Gerth Florian & Otsu Keisuke, 2018.
"The post-crisis slump in Europe: a business cycle accounting analysis,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 18(1), pages 1-25, January.
- Gerth Florian & Otsu Keisuke, 2018. "The post-crisis slump in Europe: a business cycle accounting analysis," The B.E. Journal of Macroeconomics, De Gruyter, vol. 18(1), pages 1-25, January.
- Florian Gerth & Keisuke Otsu, 2016. "A Post-crisis Slump in Europe: A Business Cycle Accounting Analysis," Studies in Economics 1606, School of Economics, University of Kent.
- del Río, Fernando & Lores, Francisco-Xavier, 2021. "Accounting for U.S. economic growth 1954–2017," Economic Modelling, Elsevier, vol. 101(C).
- Jiang, Dou, 2023. "Output drops in ASEAN-5 countries: A business cycle accounting perspective," Economic Modelling, Elsevier, vol. 126(C).
- Ibhagui, Oyakhilome, 2015. "Development Accounting of Africa’s Largest Economies – Explaining Differences in Income Levels," MPRA Paper 89081, University Library of Munich, Germany.
- Nopphawan Photphisutthiphong & Mark Weder, 2016. "Observations on the Australian Business Cycle," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 12(2), pages 141-164, December.
- del Río, Fernando & Lores, Francisco-Xavier, 2020. "Accounting for U.S. post-war economic growth," MPRA Paper 100716, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Suparna Chakraborty & Keisuke Otsu, 2012.
"Deconstructing Growth - A Business Cycle Accounting Approach with application to BRICs,"
Studies in Economics
1212, School of Economics, University of Kent.
- Chakraborty, Suparna & Otsu, Keisuke, 2012. "Deconstructing Growth - A Business Cycle Accounting Approach with application to BRICs," MPRA Paper 41076, University Library of Munich, Germany.
- Brinca, Pedro & João, Costa-Filho, 2021. "Output falls and the international transmission of crises," MPRA Paper 107297, University Library of Munich, Germany.
- Matheus Cardoso Leal & Marcio Issao Nakane, 2022. "Brazilian economy in the 2000’s: A tale of two recessions," Working Papers, Department of Economics 2022_20, University of São Paulo (FEA-USP).
- Gerth Florian & Otsu Keisuke, 2018.
"The post-crisis slump in Europe: a business cycle accounting analysis,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 18(1), pages 1-25, January.
- Florian Gerth & Keisuke Otsu, 2016. "A Post-crisis Slump in Europe: A Business Cycle Accounting Analysis," Studies in Economics 1606, School of Economics, University of Kent.
- Pedro Brinca & João Ricardo Costa Filho & Francesca Loria, 2024.
"Business cycle accounting: What have we learned so far?,"
Journal of Economic Surveys, Wiley Blackwell, vol. 38(4), pages 1276-1316, September.
- Brinca, Pedro & Costa-Filho, João & Loria, Francesca, 2020. "Business Cycle Accounting: what have we learned so far?," MPRA Paper 100180, University Library of Munich, Germany.
- Brinca, Pedro & Costa-Filho, João, 2021. "Economic depression in Brazil: the 2014-2016 fall," MPRA Paper 107298, University Library of Munich, Germany.
- Hirata, Hideaki & Otsu, Keisuke, 2016.
"Accounting for the economic relationship between Japan and the Asian Tigers,"
Journal of the Japanese and International Economies, Elsevier, vol. 41(C), pages 57-68.
- Hideaki Hirata & Keisuke Otsu, 2011. "Accounting for the economic relationship between Japan and the Asian Tigers," Studies in Economics 1120, School of Economics, University of Kent.
- Hideaki Hirata & Keisuke Otsu, 2011. "Accounting for the economic relationship between Japan and the Asian Tigers," Working Paper 164496, Harvard University OpenScholar.
- Gerth Florian & Otsu Keisuke, 2018.
"The post-crisis slump in Europe: a business cycle accounting analysis,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 18(1), pages 1-25, January.
- Gerth Florian & Otsu Keisuke, 2018. "The post-crisis slump in Europe: a business cycle accounting analysis," The B.E. Journal of Macroeconomics, De Gruyter, vol. 18(1), pages 1-25, January.
- Florian Gerth & Keisuke Otsu, 2016. "A Post-crisis Slump in Europe: A Business Cycle Accounting Analysis," Studies in Economics 1606, School of Economics, University of Kent.
- Keisuke Otsu, 2012. "How well can business cycle accounting account for business cycles?," Economics Bulletin, AccessEcon, vol. 32(2), pages 1774-1784.
- Emmanuel Ameyaw, 2023. "The relevance of domestic and foreign factors in driving Ghana’s business cycle," SN Business & Economics, Springer, vol. 3(9), pages 1-33, September.
- Pedro Brinca & Nikolay Iskrev & Francesca Loria, 2022.
"On Identification Issues in Business Cycle Accounting Models,"
Advances in Econometrics, in: Essays in Honour of Fabio Canova, volume 44, pages 55-138,
Emerald Group Publishing Limited.
- Brinca, Pedro & Iskrev, Nikolay & Loria, Francesca, 2018. "On Identification Issues in Business Cycle Accounting Models," MPRA Paper 90250, University Library of Munich, Germany.
- Brinca, Pedro, 2014.
"Distortions in the neoclassical growth model: A cross-country analysis,"
Journal of Economic Dynamics and Control, Elsevier, vol. 47(C), pages 1-19.
- Pedro Brinca, 2013. "Distortions in the Neoclassical Growth Model: A Cross-Country Analysis," GEMF Working Papers 2013-24, GEMF, Faculty of Economics, University of Coimbra.
- Pedro Miguel Soares Brinca, 2013. "Distortions in the Neoclassical Growth Model: A Cross Country Analysis," 2013 Papers pbr150, Job Market Papers.
- Brinca, Pedro, 2013. "Distortions in the Neoclassical Growth Model: A Cross-Country Analysis," Research Papers in Economics 2013:13, Stockholm University, Department of Economics.
- Bridji, Slim, 2013. "The French Great Depression: A business cycle accounting analysis," Explorations in Economic History, Elsevier, vol. 50(3), pages 427-445.
- del Río, Fernando & Lores, Francisco-Xavier, 2021. "Accounting for U.S. economic growth 1954–2017," Economic Modelling, Elsevier, vol. 101(C).
- Brinca Pedro, 2013. "Monetary business cycle accounting for Sweden," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 1085-1119, October.
- Daniel Fehrle & Johannes Huber, 2020.
"Business cycle accounting for the German fiscal stimulus program during the Great Recession,"
Discussion Paper Series
339, Universitaet Augsburg, Institute for Economics.
- Daniel Fehrle & Johannes Huber, 2020. "Business cycle accounting for the German fiscal stimulus program during the Great Recession," Working Papers 197, Bavarian Graduate Program in Economics (BGPE).
- Jiang, Dou, 2023. "Output drops in ASEAN-5 countries: A business cycle accounting perspective," Economic Modelling, Elsevier, vol. 126(C).
- Madanizadeh, Seyed Ali & Karimirad, Ali & Rahmati, Mohammad H., 2019. "Business cycle accounting of trade barriers in a small open economy," The Quarterly Review of Economics and Finance, Elsevier, vol. 71(C), pages 67-78.
- Roman Sustek, 2011.
"Monetary Business Cycle Accounting,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 592-612, October.
- Sustek, Roman, 2009. "Monetary Business Cycle Accounting," MPRA Paper 17518, University Library of Munich, Germany.
- Roman Sustek, 2010. "Code and data files for "Monetary Business Cycle Accounting"," Computer Codes 09-177, Review of Economic Dynamics.
- Brinca, P. & Chari, V.V. & Kehoe, P.J. & McGrattan, E., 2016.
"Accounting for Business Cycles,"
Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1013-1063,
Elsevier.
- Pedro Brinca & V. V. Chari & Patrick J. Kehoe & Ellen McGrattan, 2016. "Accounting for Business Cycles," NBER Working Papers 22663, National Bureau of Economic Research, Inc.
- Pedro Brinca & V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 2016. "Accounting for Business Cycles," Staff Report 531, Federal Reserve Bank of Minneapolis.
More about this item
Keywords
BRIC; business cycle accounting; efficiency; investment adjustment costs; market frictions; trend shocks; JEL Codes: E32; E66;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:bejmac:v:13:y:2013:i:1:p:33:n:13. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.