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Décrire le cycle économique en Tunisie

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  • Fathi Elachhab

Abstract

This article describes the business cycle in Tunisia ? in terms of the ?classical cycle? and the ?growth cycle?? andcharacterizes its main regularities. We find that : (1) classical-cycle contraction phases are heterogeneous and triggeredmainly by external shocks ; (2) supply shocks, unrelated to demand shocks, are the chief determinant of economic activityfluctuations ; (3) Tunisian growth-cycle regularities differ from those observed in Morocco and Jordan ; (4) the Tunisiangrowth cycle is weakly synchronized with those of Jordan and Morocco, owing to a strong idiosyncratic component and alow common-shock weight.

Suggested Citation

  • Fathi Elachhab, 2009. "Décrire le cycle économique en Tunisie," Economie & Prévision, La Documentation Française, vol. 0(3), pages 75-92.
    • Handle: RePEc:cai:ecoldc:ecop_189_0075
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    Cited by:

    1. Mehdi Bhoury & Mohamed Slim Mouha, 2015. "Characteristics of the Tunisian Business Cycle and its International Synchronization," IHEID Working Papers 16-2015, Economics Section, The Graduate Institute of International Studies.
    2. Jean-François Verne, 2016. "Instabilités politiques, guerre et croissance économique : le cas du Liban et des pays du Moyen-Orient," Revue d'économie politique, Dalloz, vol. 126(6), pages 1077-1103.

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